BHEL shares decline 5% after arbitration initiated against company by Ducon Tech

Bharat Heavy Electricals Limited (BHEL) saw its stock drop 5%, hitting a 52-week low, as it faces a major arbitration claim. The claim, totaling USD 30.89 million and INR 3 crore, is made by Ducon Technologies Inc. and Ducon Infratechnologies Ltd. The dispute centers around the BAP Ranipet unit. On February 17, 2025, the Indian […]