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BHEL rises on plan to spend Rs 1,300 crore for R&D activities in current fiscal

17 Apr 2013 Evaluate

Bharat Heavy Electricals (BHEL) is currently trading at Rs. 183.60, up by 1.25 points or 0.69% from its previous closing of Rs. 182.35 on the BSE.

The scrip opened at Rs. 184.00 and has touched a high and low of Rs. 184.65 and Rs. 182.00 respectively. So far 165396 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 272.45 on 05-Oct-2012 and a 52 week low of Rs. 174.50 on 28-Mar-2013.

Last one week high and low of the scrip stood at Rs. 184.65 and Rs. 176.00 respectively. The current market cap of the company is Rs. 45097.03 crore.

The promoters holding in the company stood at 67.72% while Institutions and Non-Institutions held 27.17% and 5.11% respectively.

In a bid to improve its R&D activities, Power equipment maker Bharat Heavy Electricals (BHEL) is planning to invest around Rs 1,300 crore in the current fiscal.

In FY13, the company has invested Rs 1,248 crore for R&D purpose, which was an increase of 4.1% over previous year and products that were developed in-house contributed Rs 9,643 crore to the company’s overall turnover last year.

The company’s R&D division had filed 385 intellectual property rights comprising copyrights and patents last year, taking the overall tally to 2,170 patents and copyrights.

BHEL has been committed to the nation’s power development programme and has reaffirmed its commitment to the Indian Power Sector by equipping itself by way of contemporary technology, state-of-the-art manufacturing facilities and skilled technical manpower.

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..

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