BHEL rises on signing technology transfer agreement with BARC
Bharat Heavy Electricals is currently trading at Rs. 227.90, up by 1.95 points or 0.86% from its previous closing of Rs. 225.95 on the BSE.
The scrip opened at Rs. 228.65 and has touched a high and low of Rs. 228.95 and Rs. 224.55 respectively. So far 352337 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. 228.95 and Rs. 212.50 respectively. The current market cap of the company is Rs. 79338.81 crore.
The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 23.54% and 13.29% respectively.
Bharat Heavy Electricals (BHEL) has signed a Technology Transfer Agreement (TTA) with Bhabha Atomic Research Centre (BARC). The company has signed agreement for Mixed-Matrix Membrane Diaphragm for separator applications in electrochemical cells.
The Mixed-Matrix Membrane Diaphragm Technology developed by BARC is an effective replacement of asbestos diaphragm material used in Electrolyser systems. Further, this diaphragm will be a low-cost import substitute for Zirfon which is used in water electrolysers. The Mixed-Matrix Membrane Diaphragm Technology acquired from BARC shall help BHEL to achieve complete indigenous development of alkaline electrolyser systems. This will be a step further in BHEL’s contribution to the ‘National Green Hydrogen Mission’ 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.
