Bharat Heavy Electricals (BHEL) is currently trading at Rs. 220.30, up by 1.05 points or 0.48% from its previous closing of Rs. 219.25 on the BSE.

The scrip opened at Rs. 221.50 and has touched a high and low of Rs. 222.00 and Rs. 219.60 respectively. So far 180642 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 414.88 on 04-Jul-2011 and a 52 week low of Rs. 197.80 on 18-May-2012.

Last one week high and low of the scrip stood at Rs. 225.35 and Rs. 213.25 respectively. The current market cap of the company is Rs. 53981.82 crore.

The promoters holding in the company stood at 67.72% while Institutions and Non-Institutions held 26.33% and 5.95% respectively.

Bharat Heavy Electricals (BHEL) has bagged contract worth Rs 950 crore for the electro-mechanical equipment package for a 1,020 MW (6x170 MW) Hydroelectric project in Bhutan. The order comprises manufacturing, supplying, erection and commissioning of the electro-mechanical equipment for the 1,020 MW Punatsangchhu-II Hydroelectric project.

The company has secured the said contract from Punatsangchhu Hydroelectric Project Authority (PHPA), Bhutan. At present, the company is also executing the 1,200 MW Punatsangchhu-I project in Bhutan and the present contract reflects the customer’s confidence in BHEL’s technological excellence and capabilities in the execution of power projects of this magnitude.

Located around 80 Km from Thimphu on the bank of the Punathsangchu River in Western Bhutan, the project is an environment friendly run-of-the-river scheme and being set-up under a bilateral agreement between the Government of India and the Royal Government of Bhutan.

BHEL Share Price

310.05 10.45 (3.49%)
18-May-2024 12:50 View Price Chart
Peers
Company Name CMP
BHEL 310.05
Bharat Electronics 258.85
Thermax 4973.55
Kirloskar Oil Eng 1298.60
Praj Industries 521.40
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.