BHEL rallies over 2% on Rs 11,700-crore order
ETMarkets.com|
Mar 09, 2018, 11.55 AM IST
Bharat Heavy Electricals Ltd (BHEL) climbed over 2 per cent in the morning trade on Friday after reports that the company has secured an order worth Rs 11,700 crore for a super-critical power plant.
The stock traded 2.50 per cent up at Rs 88.15 at around 10.25 am (IST). It opened at Rs 86.15 and hit high and low of Rs 88.45 and Rs 85.30, respectively. Benchmark BSE Sensex moved higher 121 points, or 0.35 per cent, to 33,467.
BHEL had hit a 52-week high of Rs 121.83 on April 25, 2017, and 52-week low of Rs 80.97 on August 11 last year.
On the BSE, 3.32 lakh shares were traded in the counter so far compared with average daily volumes of 7.29 lakh shares in the past two weeks.
An engineering and manufacturing company, BHEL is an integrated power plant equipment manufacturer and is into designing, engineering, manufacturing, constructing, testing, commissioning and servicing a range of products and services for various sectors.
The stock traded 2.50 per cent up at Rs 88.15 at around 10.25 am (IST). It opened at Rs 86.15 and hit high and low of Rs 88.45 and Rs 85.30, respectively. Benchmark BSE Sensex moved higher 121 points, or 0.35 per cent, to 33,467.
BHEL had hit a 52-week high of Rs 121.83 on April 25, 2017, and 52-week low of Rs 80.97 on August 11 last year.
On the BSE, 3.32 lakh shares were traded in the counter so far compared with average daily volumes of 7.29 lakh shares in the past two weeks.
An engineering and manufacturing company, BHEL is an integrated power plant equipment manufacturer and is into designing, engineering, manufacturing, constructing, testing, commissioning and servicing a range of products and services for various sectors.
