Tuesday, 25 April 2017

BHEL soars nearly 4% on bagging export order >> Free Stock Tips

Shares of Bharat Heavy Electricals Limited (BHEL) jumped over 4 percent, hitting 52-week high, on the Bombay Stock Exchange after the company said it has received its largest ever export order, valued at Rs 10,000 Crore (USD1.5 billion), for setting up 1,320 MW (2x660 MW) Maitree Super Thermal Power Project in Bangladesh. Buoyed by the development, shares of the company gained as much as 3.66 percent to hit a 52-week high of Rs 182.65 apiece on the Bombay Stock Exchange.

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