BHEL is currently trading at Rs. 89.00, up by 1.25 points or 1.42% from its previous closing of Rs. 87.75 on the BSE.
The scrip opened at Rs. 89.00 and has touched a high and low of Rs. 89.55 and Rs. 88.85 respectively. So far 57,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 119.43 on 10-May-2017 and a 52 week low of Rs. 79.50 on 23-Mar-2018.
Last one week high and low of the scrip stood at Rs. 89.55 and Rs. 84.55 respectively. The current market cap of the company is Rs. 32,675.00 crore.
The promoters holding in the company stood at 63.06%, while Institutions and Non-Institutions held 31.54% and 5.40% respectively.
BHEL has secured a prestigious order for executing 900 MW Arun-3 Hydroelectric Project from SJVN Arun-3 Power Development Company (SAPDC), Nepal. Notably, once completed, this will be the largest Hydropower project in Nepal.
Valued at Rs 536 crore, the order envisages design, engineering, manufacturing, supply, erection and commissioning of Electro-Mechanical equipment involving supply of four Vertical Francis Turbines and Generator sets, each rated 225 MW.
This prestigious order is a testimony to BHEL’s proven technological prowess in executing power projects of this magnitude. The order will also provide a fillip to the company’s focus on globalization as a driver for growth.
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.
