Bharat Heavy Electricals is currently trading at Rs. 63.45, up by 2.90 points or 4.79% from its previous closing of Rs. 60.55 on the BSE.
The scrip opened at Rs. 61.20 and has touched a high and low of Rs. 63.90 and Rs. 60.40 respectively. So far 12962846 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 79.50 on 09-Jun-2021 and a 52 week low of Rs. 26.75 on 16-Oct-2020.
Last one week high and low of the scrip stood at Rs. 60.95 and Rs. 55.90 respectively. The current market cap of the company is Rs. 21954.41 crore.
The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 17.06% and 19.76% respectively.
BHEL’s procurement through Government emarketplace (GeM) has crossed Rs 1,500 crore in the first six months of the current fiscal, as against Rs 389 crore in the entire 2020-21. Major procurements through GeM portal include steel, cement, cables, various sub-assemblies, etc. The company was also ranked No. 1 among top 20 PSUs for procurements from this portal during the first quarter of current year.
As part of Government of India’s initiative towards enhanced transparency and ease of doing business, the company has been spearheading procurement of goods and Services through the GeM portal, which is a Unified Public Procurement Portal for goods and services.
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.
| Company Name | CMP |
|---|---|
| BHEL | 316.70 |
| Thermax | 4141.20 |
| Kirloskar Oil Eng | 1616.95 |
| Skipper | 433.50 |
| GMM Pfaudler | 931.05 |
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