Bharat Heavy Electricals (BHEL) is currently trading at Rs. 166.90, up by 3.80 points or 2.33% from its previous closing of Rs. 163.10 on the BSE.
The scrip opened at Rs. 163.90 and has touched a high and low of Rs. 167.30 and Rs. 163.10 respectively. So far 268960 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 172.00 on 21-Mar-2017 and a 52 week low of Rs. 112.30 on 05-Apr-2016.
Last one week high and low of the scrip stood at Rs. 170.30 and Rs. 162.60 respectively. The current market cap of the company is Rs. 40777.02 crore.
The promoters holding in the company stood at 63.06%, while institutions and non-institutions held 31.89% and 5.05% respectively.
BHEL has commissioned the 500 MW Unit-6 of NTPC’s Feroze Gandhi Unchahar Thermal Power Plant (FGUTPP) in Uttar Pradesh. The company was awarded the contract for the manufacture, supply, erection and commissioning of Boiler, Turbine, Generator & associated auxiliaries, Electricals, Switchyard and Station Controls & Instrumentation.
The key equipment for the project has been manufactured by the company at its Haridwar, Trichy, Hyderabad, Bhopal, Ranipet and Bengaluru works, while the construction of the plant was undertaken by the company's Power Sector - Northern Region. Notably, all the existing 5 units of 210 MW at FGUTPP, have also been commissioned earlier by BHEL.
BHEL has a long-standing partnership with NTPC. BHEL has supplied and executed over 33,000 MW coal-based power plants of NTPC and its JVs, that account for around 80% of NTPC's coal based installed capacity.
