BHEL rises on bagging order worth Rs 233 crore from RFCL

Bharat Heavy Electricals Ltd. | Engineering - Industrial Equipments | Capital Goods & Industrial Consumables | BSE: 500103 | NSE: BHEL

17 May 2017 Evaluate

Bharat Heavy Electricals (BHEL) is currently trading at Rs. 171.90, up by 1.35 points or 0.79 % from its previous closing of Rs. 170.55 on the BSE.

The scrip opened at Rs. 170.15 and has touched a high and low of Rs. 172.40 and Rs. 170.15 respectively. So far 64550 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 182.65 on 25-Apr-2017 and a 52 week low of Rs. 113.90 on 24-Jun-2016.

Last one week high and low of the scrip stood at Rs. 178.45 and Rs. 168.75 respectively. The current market cap of the company is Rs. 42098.72 crore.

The promoters holding in the company stood at 63.06%, while Institutions and Non-Institutions held 32.32% and 4.62% respectively.

BHEL has won a prestigious order for a Steam and Power Generation Package from Ramagundam Fertilizers and Chemicals (RFCL). The company has won the award against stiff International Competitive Bidding (ICB). Valued at Rs 233 crore, the order has been placed on BHEL for setting up the package at RFCL’s fertilizer plant at Ramagundam in Telangana.

The company’s scope in the contract envisages design, engineering, manufacture, supply, erection, testing and commissioning of a 32.5 MW Gas Turbine, 125 TPH Heat Recovery Steam Generator, 85 TPH Utility Boiler and Balance of Plant (BoP) Package along with associated auxiliaries on Lumpsum Turnkey (LSTK) basis including mandatory spares.

The equipment for this package shall be supplied by BHEL’s manufacturing units at Hyderabad, Vizag, Bhopal, Jhansi, Bengaluru, Trichy and Chennai. The erection and commissioning of the project will be undertaken by the company’s Power Sector Western Region, Nagpur.

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

404.65 -1.65 (-0.41%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
BHEL	404.65
Thermax	4681.15
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