SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

BHEL gains on entering into MoU with SwissRapide AG to bring Maglev trains to India

18 Sep 2020 Evaluate

Bharat Heavy Electricals is currently trading at Rs. 35.20, up by 0.05 points or 0.14% from its previous closing of Rs. 35.15 on the BSE.

The scrip opened at Rs. 35.55 and has touched a high and low of Rs. 35.75 and Rs. 35.20 respectively. So far 412913 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 61.30 on 30-Oct-2019 and a 52 week low of Rs. 19.20 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 37.40 and Rs. 35.00 respectively. The current market cap of the company is Rs. 12274.27 crore.

The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 23.23% and 13.60% respectively.

Bharat Heavy Electricals (BHEL) has entered into a Memorandum of Understanding (MoU) with SwissRapide AG to bring Maglev trains (magnetic levitation) to India. The company is aimed at expanding its footprint in the urban transportation sector as part of its diversification initiatives.

The MoU sets out the foundation to cooperate and explore mutually beneficial business opportunities, and to utilise both the companies' inherent capabilities, skills, knowledge and assets, with respect to the scope of Maglev Train projects in India. The Maglev Rail system hovers in the air instead of rolling, due to magnetic levitation, thus the vehicles have no physical contact with the guideway. This enables the system to be highly energy efficient, allows operating speeds of easily up to 500 km/h and significantly reduces the total cost of system ownership.

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
Thermax 4141.20
Kirloskar Oil Eng 1616.95
Skipper 433.50
GMM Pfaudler 931.05
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×