TOI-OnlineShares of Bharat Heavy Electricals Limited () rallied 3 per cent in Thursday’s trade after receiving an order for setting up the 2x660 MW Talcher Thermal Power Project Stage-III from .
According to the company’s BSE filing, the order has been received on an engineering, procurement and construction (EPC) basis. The scope of work involves design, engineering, manufacture, supply, construction, erection, testing and commissioning of two sets of supercritical boilers, turbines along with its auxiliaries, electrical, controls and instrumentation, balance of plant packages, etc.
“BHEL has secured the order for setting up the 2x660 MW Talcher Thermal Power Project Stage-III in Odisha through International Competitive Bidding. The project is located at Talcher in Angul district of Odisha,” said the company in the BSE filing.
At 2:30 pm, the stock was trading at Rs 58, up 1 per cent over last day's close. It hit the day’s high of Rs 59 on BSE. The stock has been in an uptrend for the last three months, recording gains of nearly 25 per cent.
Domestic brokerage has a Buy call on the stock with a target price of Rs 100.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
According to the company’s BSE filing, the order has been received on an engineering, procurement and construction (EPC) basis. The scope of work involves design, engineering, manufacture, supply, construction, erection, testing and commissioning of two sets of supercritical boilers, turbines along with its auxiliaries, electrical, controls and instrumentation, balance of plant packages, etc.
“BHEL has secured the order for setting up the 2x660 MW Talcher Thermal Power Project Stage-III in Odisha through International Competitive Bidding. The project is located at Talcher in Angul district of Odisha,” said the company in the BSE filing.
At 2:30 pm, the stock was trading at Rs 58, up 1 per cent over last day's close. It hit the day’s high of Rs 59 on BSE. The stock has been in an uptrend for the last three months, recording gains of nearly 25 per cent.
Domestic brokerage has a Buy call on the stock with a target price of Rs 100.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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