BHEL trades in pink of its health in early deals

Bharat Heavy Electricals (BHEL) is currently trading at Rs. 188.00, up by 1.30 points or 0.70% from its previous closing of Rs. 186.70 on the BSE. The scrip opened at Rs. 188.20 and has touched a high and low of Rs. 188.25 and Rs. 184.55 respectively. So far 70432 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 207.90 on 22-May-2013 and a 52 week low of Rs. 100.35 on 20-Aug-2013. Last one week high and low of the scrip stood at Rs. 195.25 and Rs. 185.10 respectively. The current market cap of the company is Rs. 45880.26 crore. The promoters holding in the company stood at 63.06 % while Institutions and Non-Institutions held 32.61 % and 4.33 % respectively. Bharat Heavy Electricals (BHEL), a maharatna company, has won the ‘National Intellectual Property (IP) Award 2014’ for being the ‘Top Indian Public Limited Company in Patents’. Significantly, the company was also awarded the World Intellectual Property Organisation (WIPO) Award for Innovative Enterprises. BHEL has been committed to the nation's power development programme and has reaffirmed its commitment to the Indian Power Sector by equipping itself by way of contemporary technology, state-of-the-art manufacturing facilities and skilled technical manpower.