BHEL surges on commissioning 250 MW thermal power plant in Bihar

22 Feb 2019

Bharat Heavy Electricals is currently trading at Rs. 63.70, up by 0.85 points or 1.35% from its previous closing of Rs. 62.85 on the BSE.

The scrip opened at Rs. 62.85 and has touched a high and low of Rs. 64.10 and Rs. 62.45 respectively. So far 281758 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 94.40 on 26-Feb-2018 and a 52 week low of Rs. 56.25 on 05-Feb-2019.

Last one week high and low of the scrip stood at Rs. 64.10 and Rs. 60.75 respectively. The current market cap of the company is Rs. 22232.97 crore.

The promoters holding in the company stood at 63.06%, while Institutions and Non-Institutions held 30.15% and 6.80% respectively.

Bharat Heavy Electricals (BHEL) has achieved yet another milestone by successfully commissioning a 250 MW coal-based thermal power plant (TPP) in Bihar. The unit has been commissioned at the greenfield 4x250 MW Nabinagar Thermal Power Project, being set up by Bharatiya Rail Bijlee Company (BRBCL), a joint venture of NTPC and the Indian Railways.

This is the third 250 MW unit commissioned by BHEL at Nabinagar TPP, located at Nabinagar in Aurangabad district of Bihar. The first two units are already under commercial operation and the fourth unit is in an advanced stage of execution.

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.


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