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BHEL gains on bagging export orders for supply of industrial motors

17 Nov 2016 Evaluate

Bharat Heavy Electricals (BHEL) is currently trading at Rs. 132.95, up by 1.25 points or 0.95% from its previous closing of Rs. 131.70 on the BSE.

The scrip opened at Rs. 134.00 and has touched a high and low of Rs. 135.60 and Rs. 132.10 respectively. So far 454757 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 180.30 on 18-Nov-2015 and a 52 week low of Rs. 90.40 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 143.80 and Rs. 131.00 respectively. The current market cap of the company is Rs. 32675.46 crore.

The promoters holding in the company stood at 63.06%, while institutions and non-institutions held 32.19% and 4.75% respectively.

BHEL has secured export orders for supply of industrial motors to two new countries Togo and Benin. With this, the company has achieved yet another milestone in expanding and consolidating its footprint in the international market.

Scancem International DA, Norway (Heidelberg Cement group) has placed the order for the motors for their cement plants, Ciments Du Togo S.A. & Cimbenin S.A, Benin. The motors will be manufactured and supplied by BHEL’s Bhopal unit.

BHEL is India’s largest engineering and manufacturing company of its kind. It is a power plant equipment manufacturer and operates as an engineering and manufacturing company.

 

BHEL Share Price

325.60 8.90 (2.81%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BHEL 325.60
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