BHEL gains on bagging order from Power Grid Corporation
Mumbai, November 11 (Udaipur Kiran): Bharat Heavy Electricals is currently trading at Rs. 429.20, up by 7.20 points or 1.71% from its previous closing of Rs. 422.00 on the BSE.
The scrip opened at Rs. 429.00 and has touched a high and low of Rs. 437.20 and Rs. 426.05 respectively. So far 198955 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 463.60 on 14-Oct-2026 and a 52 week low of Rs. 239.25 on 06-Apr-2026.
Last one week high and low of the scrip stood at Rs. 437.20 and Rs. 399.60 respectively. The current market cap of the company is Rs. 149276.06 crore.
The promoters holding in the company stood at 58.17%, while Institutions and Non-Institutions held 31.82% and 10.02% respectively.
Bharat Heavy Electricals (BHEL) has received order from Power Grid Corporation of India on behalf of its Project SPV Company for Design, Engineering, Manufacturing, Supply, Erection, Testing and Commissioning of 2 Nos. +300/-200 MVAR Synchronous Condenser at Kalyanpur associated with Transmission system for Integration of Power from RE Projects in Jam Khambhaliya REZ in Gujarat.
The project is valued between Rs 600 crore to Rs 900 crore (excluding GST). The said order is expected to be completed in 35 months.
Bharat Heavy Electricals is an Indian central public sector undertaking and the largest government-owned power generation equipment manufacture.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.