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BHEL zooms on wining order for supply of electric buses for Gorakhpur City

17 Mar 2020 Evaluate

Bharat Heavy Electricals is currently trading at Rs. 24.55, up by 0.85 points or 3.59% from its previous closing of Rs. 23.70 on the BSE.

The scrip opened at Rs. 24.00 and has touched a high and low of Rs. 25.00 and Rs. 23.65 respectively. So far 770044 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 78.75 on 16-Apr-2019 and a 52 week low of Rs. 20.60 on 13-Mar-2020.

Last one week high and low of the scrip stood at Rs. 28.60 and Rs. 20.60 respectively. The current market cap of the company is Rs. 8565.88 crore.

The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 29.20% and 7.63% respectively.

Bharat Heavy Electricals (BHEL) has won a prestigious order for supply of state-of-the-art Electric Buses along with charging infrastructure of these buses for Gorakhpur City. The order has been placed on company by the Urban Transport Directorate (UTD), Lucknow. These low floor, disabled-friendly Electric Buses will be deployed by UTD at the Gorakhpur airport.

This is in line with company's transformation initiative of expanding into new markets/businesses. Further, as part of transformation journey, the company is consolidating and reinvigorating the initiatives taken in Defence & Aerospace, Water, E-mobility, Batteries, Renewables and Transportation businesses.

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

316.70 7.65 (2.48%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BHEL 316.70
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