Bharat Heavy Electricals is currently trading at Rs. 166.05, up by 4.65 points or 2.88% from its previous closing of Rs. 161.40 on the BSE.
The scrip opened at Rs. 162.70 and has touched a high and low of Rs. 166.55 and Rs. 161.45 respectively. So far 562688 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 166.55 on 15-Mar-2017 and a 52 week low of Rs. 105.10 on 15-Mar-2016.
Last one week high and low of the scrip stood at Rs. 166.55 and Rs. 156.60 respectively. The current market cap of the company is Rs. 40556.73 crore.
The promoters holding in the company stood at 63.06%, while Institutions and Non-Institutions held 31.89% and 5.05% respectively.
Bharat Heavy Electricals (BHEL) has commenced commercial operation of its first 800 MW unit - highest-rating coal-based supercritical thermal power plant. The milestone was achieved for the first unit of the 2x800 MW Yeramarus thermal power station of Raichur Power Corporation (RPCL), in Raichur district of Karnataka.
Significantly, the commercial operation of this unit also marks company’s foray as a developer into the field of power generation. Karnataka Power Corporation (KPCL) and BHEL are the main equity partners of RPCL, the owner and operator of this power plant.
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.