BHEL soars on signing MoU with ARAI for e-mobility projects

Bharat Heavy Electricals Ltd. | Engineering - Industrial Equipments | Capital Goods & Industrial Consumables | BSE: 500103 | NSE: BHEL

02 May 2019 Evaluate

Bharat Heavy Electricals is currently trading at Rs. 71.40, up by 0.65 points or 0.92% from its previous closing of Rs. 70.75 on the BSE.

The scrip opened at Rs. 71.10 and has touched a high and low of Rs. 71.60 and Rs. 70.75 respectively. So far 164884 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 89.55 on 02-May-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. 75.15 and Rs. 69.45 respectively. The current market cap of the company is Rs. 24861.93 crore.

The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 30.22% and 6.61% respectively.

Bharat Heavy Electricals (BHEL) and Automotive Research Association of India (ARAI), an autonomous body affiliated to the Ministry of Heavy Industries and Public Enterprises have signed a Memorandum of understanding (MoU) for cooperation on various projects related to e-mobility.

The company’s unique strength as technology developer and implementer and ARAI's advanced facilities and expertise in design, testing and certification of mobility products, will generate synergies in implementing solutions for Electric & Trolley Bus, EV Chargers, Battery & Charger testing, etc.

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.

Bharat Heavy Elect. Share Price

375.00 -1.30 (-0.35%)

08-Jul-2026 10:11 View Price Chart

Peers

Company Name	CMP
Bharat Heavy Elect.	375.00
Thermax	4584.85
Kirloskar Oil Engine	2271.05
Skipper	548.95
GMM Pfaudler	760.05
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