BHEL gains 2%; Atul Sobti takes charge as Managing Director

Atul Sobti takes charge as Managing Director of Bharat Heavy Electricals Ltd

Shares of Bharat Heavy Electricals Ltd (BHEL) are trading up 1.51% at Rs. 171.80 on Atul Sobti taking charge as Managing Director. 

Bharat Heavy Electricals Ltd is currently trading at Rs. 171.75, up by Rs. 2.5 or 1.48% from its previous closing of Rs. 169.25 on the BSE.

The scrip opened at Rs. 169 and has touched a high and low of Rs. 172.25 and Rs. 168.4 respectively. So far 1018096(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 41425.63 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. 164.1 on 08-Dec-2015. Last one week high and low of the scrip stood at Rs. 174.3 and Rs. 166.45 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.