BHEL gains on bagging order worth Rs 4,000 crore from Adani Power
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Bharat Heavy Electricals is currently trading at Rs. 246.85, up by 3.95 points or 1.63% from its previous closing of Rs. 242.90 on the BSE.
The scrip opened at Rs. 252.00 and has touched a high and low of Rs. 253.35 and Rs. 246.70 respectively. So far 684642 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 271.90 on 06-Mar-2024 and a 52 week low of Rs. 67.63 on 06-Apr-2023.
Last one week high and low of the scrip stood at Rs. 253.35 and Rs. 234.95 respectively. The current market cap of the company is Rs. 86233.30 crore.
The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 24.61% and 12.22% respectively.
Bharat Heavy Electricals (BHEL) has received an order worth Rs 4,000 crore from Adani Power. The company has received order for the supply of boiler, turbine and generator, and supervision of erection and commissioning for 2x800 megawatt power project based on supercritical technology at Raigarh Phase II.
Boiler and Turbine Generator are to be manufactured at BHEL’s Trichy and Haridwar plants respectively. The supply of Unit-1 will take 31 months and Unit-2 (35 months).
Bharat Heavy Electricals is an Indian central public sector undertaking and the largest government-owned power generation equipment manufacture.
