Meanwhile, the S&P BSE Sensex was down 254.95 points or 1.31% at 19,208.87.
On BSE, 1.74 lakh shares were traded in the counter as against average daily volume of 3.93 lakh shares in the past one quarter.
The stock hit a high of Rs 181.90 and a low of Rs 176.20 so far during the day. The stock had hit a 52-week low of Rs 162.10 on 27 June 2013. The stock had hit a 52-week high of Rs 272.45 on 5 October 2012.
The stock had underperformed the market over the past one month till 2 July 2013, sliding 8.13% compared with the Sensex's 1.5% fall. The scrip had also underperformed the market in past one quarter, declining 0.7% as against Sensex's 2.22% rise.
The large-cap state-run power equipment major has equity capital of Rs 489.52 crore. Face value per share is Rs 2.
Shares of Bharat Heavy Electricals (Bhel) had rallied 12.66% in three trading sessions to settle at Rs 183.70 on Tuesday, 2 July 2013, from a recent low of Rs 163.05 on 27 June 2013.
Bhel on 18 June 2013 said it has won an order worth Rs 450 crore for the Energy Efficient Renovation & Modernisation (EE R&M) of a 210 megawatts (MW) thermal unit in Maharashtra. The World Bank-funded contract has been placed on Bhel by the Maharashtra State Power Generation Corporation (MSPGCL). With this order, Bhel has made an entry into the Energy Efficient Renovation, Modernisation and Uprating business.
Bhel's net profit fell 4.2% to Rs 3237.54 crore on 2.2% decline in net sales to Rs 18850.16 crore in Q4 March 2013 over Q4 March 2012.
Bhel is the largest engineering and manufacturing enterprise in India in the energy related/infrastructure sector. The company caters to the core sectors including power, transmission, industry, transportation, renewable energy, oil & gas and defence.
On BSE, 1.74 lakh shares were traded in the counter as against average daily volume of 3.93 lakh shares in the past one quarter.
The stock hit a high of Rs 181.90 and a low of Rs 176.20 so far during the day. The stock had hit a 52-week low of Rs 162.10 on 27 June 2013. The stock had hit a 52-week high of Rs 272.45 on 5 October 2012.The stock had underperformed the market over the past one month till 2 July 2013, sliding 8.13% compared with the Sensex's 1.5% fall. The scrip had also underperformed the market in past one quarter, declining 0.7% as against Sensex's 2.22% rise.
The large-cap state-run power equipment major has equity capital of Rs 489.52 crore. Face value per share is Rs 2.
Shares of Bharat Heavy Electricals (Bhel) had rallied 12.66% in three trading sessions to settle at Rs 183.70 on Tuesday, 2 July 2013, from a recent low of Rs 163.05 on 27 June 2013.
Bhel on 18 June 2013 said it has won an order worth Rs 450 crore for the Energy Efficient Renovation & Modernisation (EE R&M) of a 210 megawatts (MW) thermal unit in Maharashtra. The World Bank-funded contract has been placed on Bhel by the Maharashtra State Power Generation Corporation (MSPGCL). With this order, Bhel has made an entry into the Energy Efficient Renovation, Modernisation and Uprating business.
Bhel's net profit fell 4.2% to Rs 3237.54 crore on 2.2% decline in net sales to Rs 18850.16 crore in Q4 March 2013 over Q4 March 2012.
Bhel is the largest engineering and manufacturing enterprise in India in the energy related/infrastructure sector. The company caters to the core sectors including power, transmission, industry, transportation, renewable energy, oil & gas and defence.
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