BHEL inches up on extending technology collaboration agreement with M/s Vogt Power International
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Bharat Heavy Electricals is currently trading at Rs. 213.65, up by 0.15 points or 0.07% from its previous closing of Rs. 213.50 on the BSE.
The scrip opened at Rs. 214.05 and has touched a high and low of Rs. 215.95 and Rs. 210.00 respectively. So far 372740 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. 221.90 and Rs. 202.45 respectively. The current market cap of the company is Rs. 74272.41 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 extended its Technology Collaboration Agreement (TCA) with M/s Vogt Power International Inc., USA (VPI) for Heat Recovery Steam Generators (HRSGs).
The extension of this TCA would help BHEL to keep pace with the technological advancement taking place in the design of HRSGs. The TCA would also enable BHEL to maintain its competitive edge and strengthen BHEL’s capabilities to cater business related to combined cycle and cogeneration plants and contribute to the Government’s ‘Make in India’ initiative.
Bharat Heavy Electricals is an Indian central public sector undertaking and the largest government-owned power generation equipment manufacture.
