BHEL gets a big order
In early trading, Bharat Heavy Electricals, BHEL touched the level of Rs 1,622, up Rs 11.55, or 0.72%. The stock price had gone up to Rs 1,632.50. As the market slipped into the red, BHEL had an intraday low of Rs 1,570. The stock was strong, but due to overall weak sentiment in the market, BHEL ended the day at 1590 (down by Rs 19.10).
The company has pocketed order worth of Rs 6500 cr from Damodar Valley Corporation.
The stock had a volume of 1,420,478 shares. The volumes were 1.6 times, the average volumes on the counter. Yesterday the share ended the day on a positive note with gains of 3.31% or Rs 51.60 at Rs 1,610.45.
Bharat Heavy Electricals Limited (BHEL) was established in 1953. It is one of leading power generation equipment makers in the world. It has 14 constructing units, 13 regional operation arms and over hundred "service-at-sites" plants spread all-through India.
BHEL provides complete solutions to its customers in conventional and non-conventional energy, industry, transportation, telecommunication and oil sectors. It has also bagged export orders from 40 countries around the world.