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BHEL gains on signing MoU with NTPC to set up TDP in Chhattisgarh

25 Jul 2019 Evaluate

Bharat Heavy Electricals is currently trading at Rs. 62.10, up by 0.20 points or 0.32% from its previous closing of Rs. 61.90 on the BSE.

The scrip opened at Rs. 62.25 and has touched a high and low of Rs. 62.40 and Rs. 62.00 respectively. So far 38701 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. 64.50 and Rs. 61.50 respectively. The current market cap of the company is Rs. 21553.97 crore.

The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 30.95% and 5.88% respectively.

Bharat Heavy Electricals (BHEL) and NTPC have signed a Memorandum of Understanding (MoU) for forming a Joint Venture (JV) company, to set up a 800 MW Technology Demonstration Plant (TDP) at NTPC's existing power plant in Sipat, Chhattisgarh. The demonstration plant shall be based on the Advanced Ultra Super Critical (AUSC) technology which marks a significant improvement in operational parameters over contemporary supercritical technology.

The plant shall be the most efficient power plant in the world, once it becomes operational, resulting in reduction of carbon-di-oxide emission by about 20% as compared to the conventional sub-critical technology.

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

325.60 8.90 (2.81%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BHEL 325.60
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