Bharat Heavy Electricals (BHEL) is currently trading at Rs 228.00, up by 5.60 points or 2.52% from its previous closing of Rs 222.40 on the BSE.
The scrip opened at Rs 224.00 and has touched a high and low of Rs 228.50 and Rs 224.00 respectively. So far 190157 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 328.35 on 22-Feb-2012 and a 52 week low of Rs 195.05 on 12-Sep-2012.
Last one week high and low of the scrip stood at Rs 226.05 and Rs 220.50 respectively. The current market cap of the company is Rs 54581.48 crore.
The promoters holding in the company stood at 67.72% while Institutions and Non-Institutions held 27.07% and 5.21% respectively.
State- run, BHEL is executing Rs 3,395 crore order in Uttar Pradesh for UP Rajya Vidyut Utpadan Nigam for two 500 units of Anpara thermal power station located in Sonebhadra district. The entity will be responsible for design, engineering, manufacture, supply, erection and commissioning of Boiler, Turbine and Generator Package along with associated auxiliaries, some balance of plant and civil works. Earlier BHEL was facing some difficulties on account of the delay of new and under construction power projects.
The company has registered a fall of 9.74% in its net profit at Rs 1274.45 crore for the quarter ended September 30, 2012 as compared to Rs 1412.03 crore for the same quarter in the previous year. Total income has decreased marginally by 0.93% at Rs 10692.22 crore for quarter under review as compared to Rs 10792.75 crore for the quarter ended September 30, 2011.