Bharat Heavy Electricals is currently trading at Rs. 79.15, up by 0.85 points or 1.09% from its previous closing of Rs. 78.30 on the BSE.
The scrip opened at Rs. 78.60 and has touched a high and low of Rs. 79.25 and Rs. 78.60 respectively. So far 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. 72.65 on 05-Jun-2018.
Last one week high and low of the scrip stood at Rs. 79.25 and Rs. 74.50 respectively. The current market cap of the company is Rs. 28747.06 crore.
The promoters holding in the company stood at 63.06%, while Institutions and Non-Institutions held 31.54% and 5.40% respectively.
Bharat Heavy Electricals (BHEL) has won two orders valued at over Rs 125 crore, for setting up Solar Photovoltaic (SPV) Power Plants on Engineering, Procurement and Construction (EPC) basis, in the state of Gujarat.
The first order for setting up a 20 MW SPY power plant has been placed on BHEL by Gujarat Alkalies and Chemicals (GACL), while the other for setting up a 10 MW SPY power plant has been received from Gujarat State Fertilizers and Chemicals Limited (GSFC). Both the solar power plants will be set up at Gujarat Solar Park, Charanka.
With these orders, the company’s solar capacity under execution at Gujarat Solar Park has reached 120 MW while the company's solar portfolio has risen to 580 MW. The company is presently executing over 210 MW of ground-mounted and rooftop Solar PV projects across the country.
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.