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BHEL surges on bagging EPC orders worth Rs 800 crore for 200 MW solar power plants

17 Jun 2019 Evaluate

Bharat Heavy Electricals (BHEL) is currently trading at Rs. 69.45, up by 0.85 points or 1.24% from its previous closing of Rs. 68.60 on the BSE.

The scrip opened at Rs. 69.80 and has touched a high and low of Rs. 69.90 and Rs. 69.10 respectively. So far 256324 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 83.25 on 07-Sep-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. 71.00 and Rs. 67.70 respectively. The current market cap of the company is Rs. 23886.95 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) Solar Photovoltaic (SPV) portfolio has surpassed 1 GW with the company winning two EPC order for setting up SPV plants with a cumulative capacity of 200 MW. The orders are valued at over Rs 800 crore, the orders have been secured from NTPC and Gujarat State Electricity Corporation (GSECL), reinforcing the company's position as a leading EPC player in the solar industry.

Significantly, the NTPC order envisages setting up India's largest floating SPV plant of 100 MW capacity at NTPC Ramagundam in Telangana, while the GSECL order involves setting up a 100 MW ground-mounted SPV plant at Raghanesda Ultra Mega Solar Park, district Banaskantha in Gujarat.

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.

BHEL Share Price

329.00 12.30 (3.88%)
20-Apr-2026 13:11 View Price Chart
Peers
Company Name CMP
BHEL 329.00
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