BHEL gains 1.14%

The company announced that it has commissioned 2,730 MW of utility power projects in the first half of the current financial year (2015-16).

Shares of BHEL is trading up 1.14% at Rs 207.50 after the company announced that it has commissioned 2,730 MW of utility power projects in the first half of the current financial year (2015-16). The company also commenced supply of 660 MW power generation at Lalitpur TPS in Uttar Pradesh.

The scrip opened at Rs. 208 and has touched a high and low of Rs. 209.9 and Rs. 206.3 respectively. So far 2094160(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 50322.66 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 299.5 on 04-Feb-2015 and a 52 week low of Rs. 192.1 on 29-Sep-2015. Last one week high and low of the scrip stood at Rs. 208.7 and Rs. 197.15 respectively.

The promoters holding in the company stood at 63.06 % while Institutions and Non-Institutions held 33.21 % and 3.73 % respectively.

The stock is currently trading above its 200 DMA.