BHEL jumps on establishing new record with India’s highest-rated Auto Transformer

27 Nov 2020 Evaluate

Bharat Heavy Electricals is currently trading at Rs. 33.00, up by 1.55 points or 4.93% from its previous closing of Rs. 31.45 on the BSE.

The scrip opened at Rs. 31.50 and has touched a high and low of Rs. 33.45 and Rs. 31.50 respectively. So far 7004969 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 54.90 on 29-Nov-2019 and a 52 week low of Rs. 19.20 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 33.45 and Rs. 29.25 respectively. The current market cap of the company is Rs. 11473.40 crore.

The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 19.82% and 17.01% respectively.

Bharat Heavy Electricals (BHEL) has successfully manufactured and tested (short circuit) India’s highest rating Auto Transformer at the National High Power Test Laboratory (NHPTL) at Bina in Madhya Pradesh. Significantly, this is a new benchmark in the global transformer industry.

Short circuit test is the most stringent, special type test for power transformers which is conducted to prove the adequacy for power transformers to withstand abnormal conditions of short circuit to ensure reliability during their operations in the field. Incidentally, this is BHEL’s 21st 400 kV class transformer, which has successfully passed the short circuit test, indicating the company’s prowess in the sector.

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.

BHEL Share Price

239.05 2.55 (1.08%)
31-Oct-2024 16:01 View Price Chart
Peers
Company Name CMP
BHEL 239.05
Bharat Electronics 284.85
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Kirloskar Oil Eng 1141.85
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