Friday 6 November 2015

BHEL Q2 net loss stands at Rs. 205 crore; sales down 3.2%

Total Income has decreased from Rs. 6,340.1 crore for the quarter ended September 30, 2014 to Rs. 6,311.2 crore for the quarter ended September 30, 2015.


Bhel
Bharat Heavy Electricals Ltd has announced the following Unaudited Standalone results for the quarter ended September 30, 2015.

 The company has posted a net loss of Rs. 205 crore for the quarter ended September 30, 2015 as compared to net profit of Rs. 124.8 crore for the quarter ended September 30, 2014. Total Income has decreased from Rs. 6,340.1 crore for the quarter ended September 30, 2014 to Rs. 6,311.2 crore for the quarter ended September 30, 2015.

Bharat Heavy Electricals Ltd is currently trading at Rs. 188.3, down by Rs. 5.9 or 3.04% from its previous closing of Rs. 194.2 on the BSE.

The scrip opened at Rs. 195.1 and has touched a high and low of Rs. 196.9 and Rs. 184.35 respectively. So far 4853597(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 47532.39 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. 204.55 and Rs. 192.65 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.

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