BHEL gains on receiving LoA from MAHAGENCO
![BHEL gains on receiving LoA from MAHAGENCO](https://portfolio.investmentguruindia.com/uploads/news/BHEL1.jpg)
Bharat Heavy Electricals is currently trading at Rs. 204.30, up by 1.45 points or 0.71% from its previous closing of Rs. 202.85 on the BSE.
The scrip opened at Rs. 209.15 and has touched a high and low of Rs. 209.90 and Rs. 203.30 respectively. So far 403064 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. 185.20 on 29-Jan-2025.
Last one week high and low of the scrip stood at Rs. 212.55 and Rs. 189.65 respectively. The current market cap of the company is Rs. 71887.20 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 (BHEL) has received a Letter of Award (LoA) from Maharashtra State Power Generation Company (MAHAGENCO) for BTG package of Koradi Thermal Power Station 2x660 MW Units - 11 & 12, District: Nagpur, Maharashtra. Broad consideration or size of the order is approximately Rs 8000 crore excluding GST.
Bharat Heavy Electricals is an Indian central public sector undertaking and the largest government-owned power generation equipment manufacture.
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