Bharat Heavy Electricals is currently trading at Rs. 39.60, up by 0.05 points or 0.13 % from its previous closing of Rs. 39.55 on the BSE.
The scrip opened at Rs. 39.60 and has touched a high and low of Rs. 39.90 and Rs. 39.25 respectively. So far 399217 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 78.75 on 16-Apr-2019 and a 52 week low of Rs. 38.80 on 03-Feb-2020.
Last one week high and low of the scrip stood at Rs. 43.55 and Rs. 38.80 respectively. The current market cap of the company is Rs. 13788.97 crore.
The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 29.20% and 7.63% respectively.
Bharat Heavy Electricals (BHEL) has signed a Memorandum of Understanding (MoU) with Bharat Electronics (BEL) during DEFEXPO 2020 at Lucknow on February 06, 2020.
The MoU aims at leveraging the complementary strengths and capabilities of BHEL and BEL to develop and market Products, Systems and Sensors for Defence and Non-Defence applications. The MoU will also enable BHEL and BEL to make joint efforts to explore markets for products individually developed or jointly developed by both companies.
BHEL is India’s largest engineering and manufacturing company of its kind. It is a power plant equipment manufacturer and operates as an engineering and manufacturing company.
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