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BHEL soars on winning Rs 11,700 crore order to set up plant in Jharkhand

09 Mar 2018 Evaluate

Bharat Heavy Electricals is currently trading at Rs. 87.10, up by 1.10 points or 1.28% from its previous closing of Rs. 86.00 on the BSE.

The scrip opened at Rs. 86.15 and has touched a high and low of Rs. 88.45 and Rs. 85.30 respectively. So far 459360 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 121.77 on 25-Apr-2017 and a 52 week low of Rs. 80.93 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 91.70 and Rs. 83.80 respectively. The current market cap of the company is Rs. 31904.47 crore.

The promoters holding in the company stood at 63.06%, while Institutions and Non-Institutions held 31.23% and 5.71% respectively.

Bharat Heavy Electricals (BHEL) has won a Rs 11,700 crore order for setting up a 3x800 MW supercritical thermal power plant in Jharkhand.

The order for setting up the 3x800 MW Patratu Super Thermal Power Station Expansion, Phase-I (3x 800 MW) has been placed on BHEL by Patratu Vidyut Utpadan Nigam (PVUNL – a subsidiary of NTPC in Joint Venture with Jharkhand Bijli Vitran Nigam).

Significantly, this is the single largest order ever placed by NTPC or its subsidiaries and the second largest order ever won by BHEL. Located at Patratu in Ramgarh district of Jharkhand, the project will be executed by BHEL on Engineering, Procurement and Construction (EPC) basis.

Key equipment for the project will be manufactured at BHEL's Trichy, Haridwar, Hyderabad, Ranipet, Bhopal, Bengaluru and Jhansi plants, while the company's Power Sector – Western Region division will be responsible for construction and installation activities at the site.

BHEL Share Price

325.60 8.90 (2.81%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BHEL 325.60
Thermax 4182.30
Kirloskar Oil Eng 1641.75
Skipper 436.85
GMM Pfaudler 911.35
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