Bharat Heavy Electricals (BHEL) is currently trading at Rs. 84.80, up by 1.20 points or 1.44% from its previous closing of Rs. 83.60 on the BSE.
The scrip opened at Rs. 82.00 and has touched a high and low of Rs. 85.30 and Rs. 80.35 respectively. So far 1025063 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 108.00 on 23-Jan-2018 and a 52 week low of Rs. 73.95 on 24-May-2018.
Last one week high and low of the scrip stood at Rs. 86.80 and Rs. 73.95 respectively. The current market cap of the company is Rs. 31096.76 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 reported a rise of over 2 fold in its net profit at Rs 457.17 crore for the quarter ended March 31, 2018 as compared to Rs 215.55 crore for the same quarter in the previous year. However, total income of the company marginally decreased by 1.29% at Rs 10,341.58 crore for quarter under review as compared to Rs 10,476.28 crore for the quarter ended March 31, 2017.
For the year ended March 31, 2018, the company has posted a rise of 62.67% in its net profit at Rs 806.60 crore as compared to Rs 495.86 crore for the previous year. However, total income of company marginally decreased 2.34% at Rs 29,754.03 crore for year under review as compared to Rs 30,465.74 crore for year ended March 31, 2017.
