Bharat Heavy Electricals is currently trading at Rs. 51.35, up by 0.20 points or 0.39% from its previous closing of Rs. 51.15 on the BSE.
The scrip opened at Rs. 51.50 and has touched a high and low of Rs. 52.10 and Rs. 50.75 respectively. So far 442779 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 83.25 on 07-Sep-2018 and a 52 week low of Rs. 46.65 on 23-Aug-2019.
Last one week high and low of the scrip stood at Rs. 52.45 and Rs. 48.60 respectively. The current market cap of the company is Rs. 17932.63 crore.
The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 30.95% and 5.88% respectively.
Bharat Heavy Electricals (BHEL) has secured an order for emission control equipment for 2×250 MW Bhilai Expansion power project in Chhattisgarh. Valued at around Rs 450 crore, the order has been placed on BHEL by NTPC-SAIL Power Company (a joint venture of NTPC and Steel Authority of India). The order involves supply and installation of Flue Gas Desulphurization (FGD) system.
The company’s scope of work includes design, engineering, civil works, supply, erection and commissioning of wet FGD system along with auxiliaries including limestone and gypsum handling system and wet stack on turnkey basis.
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.