BHEL surges on commissioning 2730 MW power projects in first half of 2015-16

13 Oct 2015 Evaluate

Bharat Heavy Electricals (BHEL) is currently trading at Rs. 207.85, up by 2.25 points or 1.09% from its previous closing of Rs. 205.60 on the BSE.

The scrip opened at Rs. 208.00 and has touched a high and low of Rs. 209.90 and Rs. 206.30 respectively. So far 321674 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 299.50 on 04-Feb-2015 and a 52 week low of Rs. 192.10 on 29-Sep-2015.

Last one week high and low of the scrip stood at Rs. 209.90 and Rs. 197.50 respectively. The current market cap of the company is Rs. 50665.32 crore.

The promoters holding in the company stood at 63.06% while Institutions and Non-Institutions held 33.21% and 3.73% respectively.

Bharat Heavy Electricals (BHEL) has once again demonstrated its project execution prowess with the commissioning of 2,730 MW of utility power projects in the first half of the current financial year (2015-16). This is the highest achievement in the corresponding period in last 4 years. It is also more than double the power project commissioning achievement of 1,167 MW in the corresponding period of last year. In addition to the 2,730 MW utility sets commissioned during this period in the country, power generation has also commenced from the BHEL-supplied 660 MW unit at Lalitpur TPS in Uttar Pradesh. Significantly, in 2014-15, BHEL exceeded the commissioning target set by Government for it by 19%.

BHEL is the market leader of power equipment in the Indian Power Sector. BHEL’s formidable strength of an installed base of over 150,000 MW of power plant equipment coupled with its vast experience makes it an ideal choice of utilities in the country.

BHEL Share Price

291.60 3.45 (1.20%)
15-May-2024 14:45 View Price Chart
Peers
Company Name CMP
BHEL 291.60
Bharat Electronics 233.40
Thermax 5077.40
Kirloskar Oil Eng 1175.20
Praj Industries 522.15
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