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BHEL spurts on commissioning 93 MW steam turbine-based CPP at Hazira

23 Nov 2016 Evaluate

Bharat Heavy Electricals is currently trading at Rs. 125.90, up by 1.40 points or 1.12 % from its previous closing of Rs. 124.50 on the BSE.

The scrip opened at Rs. 125.90 and has touched a high and low of Rs. 126.00 and Rs. 122.60 respectively. So far 2236355 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 179.00 on 23-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. 136.90 and Rs. 123.70 respectively. The current market cap of the company is Rs. 30252.34 crore.

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

Bharat Heavy Electricals (BHEL) has commissioned a 93 MW steam turbine-based Captive Power Plant (CPP) at Hazira in Gujarat. This is the second unit of the 4x93 MW steam turbine-based CPP, being set up by BHEL for Reliance Industries (RIL), at Hazira. The company is also setting up a 3x93 MW steam turbine-based CPP at Dahej in Gujarat for RIL. The CPPs are being set up to meet the power requirements of RIL’s refinery projects at Hazira and Dahej.

With the commissioning of the second unit at Hazira, BHEL has so far commissioned two units each at the Hazira and Dahej projects. The remaining three units are also planned for commissioning during the current financial year.

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

337.95 4.40 (1.32%)
23-Apr-2026 16:59 View Price Chart
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BHEL 337.95
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