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2025-03-21 02:37:51 pm | Source: Accord Fintech
Bharat Heavy Electricals jumps on bagging LoI worth Rs 7,500 crore
Bharat Heavy Electricals jumps on bagging LoI worth Rs 7,500 crore

Bharat Heavy Electricals is currently trading at Rs. 210.60, up by 4.15 points or 2.01% from its previous closing of Rs. 206.45 on the BSE.

The scrip opened at Rs. 206.25 and has touched a high and low of Rs. 213.65 and Rs. 206.25 respectively. So far 450345 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 335.40 on 09-Jul-2024 and a 52 week low of Rs. 176.00 on 03-Mar-2025.

Last one week high and low of the scrip stood at Rs. 213.65 and Rs. 193.00 respectively. The current market cap of the company is Rs. 73645.64 crore.

The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 23.47% and 13.36% respectively.

Bharat Heavy Electricals has bagged Letter of Intent (LoI) from Gujarat State Electricity Corporation (GSECL) for EPC package for 1x800 MW Ukai Extn Unit No. 7 TPS in Tapi District, Gujarat, India. The order includes supply of equipment - boiler, turbine, generator and associated auxiliaries along with electrical and C&I, balance of plant packages; erection & commissioning works; civil works. Broad consideration or size of the order around Rs 7,500 crore (excluding taxes & duties). The order is to be executed within 54 months.

Bharat Heavy Electricals is an Indian central public sector undertaking and the largest government-owned power generation equipment manufacture.

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