BHEL turns top gainer on Sensex amidst sluggish trade

Bharat Heavy Electricals (BHEL) is currently trading at Rs. 179.80, up by 1.00 points or 0.56% from its previous closing of Rs. 178.80 on the BSE. The scrip opened at Rs. 179.95 and has touched a high and low of Rs. 181.20 and Rs. 179.10 respectively. So far 116328 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. 189.50 and Rs. 176.90 respectively. The current market cap of the company is Rs. 44117.99 crore. The promoters holding in the company stood at 63.06 % while Institutions and Non-Institutions held 32.61 % and 4.33 % respectively. Among a host of public as well as private sector companies, Maharatna Company Bharat Heavy Electricals (BHEL) has won the 'World Intellectual Property Organisation (WIPO) Award for Innovative Enterprises' for its strong involvement in the use of the Patent system and its achievements in Research & Development (R&D). The award was received by Sh. B. Prasada Rao, CMD, BHEL from Amitabh Kant, Secretary, DIPP, Government of India (GoI). 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. Responding to the growth in the nation's demand for power equipment, BHEL has enhanced its manufacturing capacity to 20,000 MW per annum.