Bharat Heavy Electricals (BHEL) is currently trading at Rs. 161.70, up by 0.75 points or 0.47% from its previous closing of Rs. 160.95 on the BSE.
The scrip opened at Rs. 162.25 and has touched a high and low of Rs. 164.20 and Rs. 160.40 respectively. So far 3,67,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 164.40 on 01-Mar-2017 and a 52 week low of Rs. 102.85 on 11-Mar-2016.
Last one week high and low of the scrip stood at Rs. 164.40 and Rs. 155.90 respectively. The current market cap of the company is Rs. 39,577.69 crore.
The promoters holding in the company stood at 63.06%, while Institutions and Non-Institutions held 31.89% and 5.05% respectively.
BHEL and National Environmental Engineering Research Institute (NEERI), under Council of Scientific & Industrial Research (CSIR) signed a MoU for joint working on projects related to water and waste water treatment in the municipal segment.
CSIR-NEERI as technology partner and BHEL as technology developer & implementer will generate synergies in implementing large scale projects in the municipal segment by undertaking EPC projects pertaining to WTPs, ETPs, CETPs, STPs, Natural Treatment Systems, etc.
BHEL is India’s largest engineering and manufacturing company of its kind. It is a power plant equipment manufacturer and operates as an engineering and manufacturing company.