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Thursday, March 17, 2011

BHEL leads the gainer list of ‘BSE Power’ space


BHEL is currently trading at Rs. 1,960.90, up by 34.00 points or 1.76% from its previous closing of Rs. 1,926.90 on the BSE.
The scrip opened at Rs. 1,911.00 and has touched a high and low of Rs. 1,964.80 and Rs. 1,905.00 respectively. So far 71,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2,695.00 on 07-Oct-2010 and a 52 week low of Rs. 1,905.35 on 15-Mar-2011.
Last one week high and low of the scrip stood at Rs. 2,044.00 and Rs. 1,905.00 respectively. The current market cap of the company is Rs. 95879.83 crore.
The promoters holding in the company stood at 67.72% while Institutions and Non-Institutions held 25.95% and 6.33% respectively.
Recently, American Society of Mechanical Engineers (ASME) - a professional body and an engineering society, has awarded the high pressure boiler plant of Bharat Heavy Electricals (BHEL) with ‘N’ and ‘NPT’ certificates.
Bharat Heavy Electricals (BHEL) has also bagged a contract worth Rs 1,445 crore for 600 MW thermal power plant. The contract envisages setting up a 1x600 MW thermal power generating unit for Andhra Pradesh Power Generation Corporation’s (APGenco) upcoming coal-based thermal power project, located at Rayalaseema in Kadapa district of Andhra Pradesh.

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