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BHEL soars on securing Rs 13,300 crore order to set up 1600 MW thermal power plant in Jharkhand

28 Jun 2024 Evaluate

Bharat Heavy Electricals is currently trading at Rs.304.00, up by 6.80 points or 2.29% from its previous closing of Rs. 297.20 on the BSE.

The scrip opened at Rs. 305.70 and has touched a high and low of Rs. 307.95 and Rs. 302.25 respectively. So far 1882767 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 322.35 on 21-May-2024 and a 52 week low of Rs. 85.05 on 30-Jun-2023.

Last one week high and low of the scrip stood at Rs. 307.95 and Rs. 288.60 respectively. The current market cap of the company is Rs. 105959.19 crore.

The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 24.69% and 12.13% respectively.

Bharat Heavy Electricals (BHEL) has bagged the Rs 13,300 crore order to set up a 1600 MW thermal power plant in Koderma in Jharkhand from Damodar Valley Corporation (DVC).

Commensurate with the goal of the central government to ensure the energy security of the country, DVC has finalised the tender for the engineering, procurement and construction (EPC) package of Koderma TPS (2X800MW) in Jharkhand, with BHEL for Rs 13,300 Crore on June 26, 2024.

With this investment, which would also have a substantial impact on the local economy and benefit people, the installed thermal generation capacity of DVC would go up to 8140 MW by 2030.

Bharat Heavy Electricals is an Indian central public sector undertaking and the largest government-owned power generation equipment manufacture.

BHEL Share Price

313.20 4.15 (1.34%)
17-Apr-2026 10:06 View Price Chart
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BHEL 313.20
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