Sunday , October 17 2021

BHEL gains on inaugurating metal-cutting gas plant at Bhopal Unit

Bharat Heavy Electricals is currently trading at Rs. 42.15, up by 0.30 points or 0.72% from its previous closing of Rs. 41.85 on the BSE.

The scrip opened at Rs. 42.00 and has touched a high and low of Rs. 42.40 and Rs. 41.65 respectively. So far 935120 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 78.75 on 16-Apr-2019 and a 52 week low of Rs. 41.35 on 16-Oct-2019.

Last one week high and low of the scrip stood at Rs. 43.85 and Rs. 41.35 respectively. The current market cap of the company is Rs. 14642.08 crore.

The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 30.45% and 6.38% respectively.

Bharat Heavy Electricals (BHEL) has inaugurated metal-cutting gas plant of 1900 kg capacity at Bhopal Unit. This plant, installed at the Gas & Power Plant Division in the unit, is the first industrial set-up for metal cutting in this capacity range.

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.

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