BHEL bags order worth Rs 233 Crore for steam & power generation package

-
Bharat Heavy Electricals Limited (BHEL) has bagged an order worth Rs 233 crore for a for steam & power generation package from Ramagundam Fertilizers and Chemicals Limited (RFCL).
 Valued at Rs 233 crore, the order has been placed on BHEL by setting up the package at RFCL’s fertiliser plant at Ramagundam in Telangana, said BHEL in its BSE filing on Tuesday, 16 May 2017.
“Through this order, BHEL shall be contributing to the Government of India’s ongoing initiative for the revival of fertiliser facilities in the country,” it also stated.
 As at 12.14 pm, the stock of Bharat Heavy Electricals Limited was trading down by around 1% on Tuesday, on the BSE.
 Stock view –
 Bharat Heavy Electricals Ltd is currently trading at Rs 170.75, down by Rs 1.25 or 0.73% from its previous closing of Rs 172 on the BSE.
 The scrip opened at Rs 171.65 and has touched a high and low of Rs 171.85 and Rs 168.75 respectively. So far 3965983(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 42098.72 crore.
 The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 182.65 on 25-Apr-2017 and a 52 week low of Rs 113.9 on 24-Jun-2016. Last one week high and low of the scrip stood at Rs 179.05 and Rs 170.45 respectively.
 The promoters holding in the company stood at 63.06 % while Institutions and Non-Institutions held 32.32 % and 4.62 % respectively.
 The stock is currently trading above its 50 DMA.

Comments

Post a Comment

Popular posts from this blog

Top intraday trading ideas for afternoon trade for Monday 31 December 2018

-
Image
Top intraday trading ideas for afternoon trade for Monday 31 December 2018  NEW DELHI:    Equity benchmarks Sensex and Nifty50 were trading higher on Monday on account of buying in frontline bluechip counters. Markets collated a list of trading ideas from various experts and here's what they had recommended for today's afternoon trade: Manas Jaiswal of manasjaiswal.com Tata Steel is a 'Buy' call with a target price of Rs 540 and a stop loss of Rs 514. Shriram Transport NSE 2.17 % is a 'Buy' call with a target price of Rs 1300 and a stop loss of Rs 1230. NSE LIVE 11:49 | 31-12-2018 Dr. Reddy's Lab is a 'Buy' call with a target price of Rs 2720 and a stop loss of Rs 2630. Kunal Bothra independent market expert Dr. Reddy's Lab is a 'Buy' call with a target price of Rs 2750 and a stop loss of Rs 2600. Chennai Petroleum is a 'Buy' call with a target price of Rs 306 and a stop los...
Read more

WELCOME TO SMART MONEY FINANCIAL SERVICES

-
Image
               WELCOME TO SMART MONEY FS               WE CREATE THE OPPORTUNITY   "Smart Money Financial Service" is an Investment Advisory having a team consists of highly qualified analysts who are skilled and impeccable in their analysis. These analysts, using their experience and the latest software tools, are able to predict the movements in share market on time and with high accuracy. Please click here for Advisory Ranking: As a result, using our tips, our clients gain the most out of the share market. We provide recommendations for Stocks – Cash and F & O trad. 1. VISION GrowthPress focuses on conducting in-depth research on your customers, your competitors, and your search engine landscape. Using this, we create the right SEO strategy that helps. 2. MISSION You achieve your goals. Search engines are constantly evolving to reflect the complex human behavior. Thus, ...
Read more

F&O: Put writing at all immediate strikes shows Nifty may hold up

-
Image
F&O: Put writing at all immediate strikes shows Nifty may hold up  The Nifty50 index opened in the negative but managed to recover sharply from lower levels and headed towards the 10,750 level on Wednesday. It formed a Piercing Line pattern on the daily scale, as it recovered its losses of the last session by more than a half. It has been making lower lows from last four sessions and holds above the 10,750-10,777 zone can negate the same to extend its recent bounce towards 10,850 and then 10,929 levels.  Nifty has reclaimed its 50-day EMA while on the downside it has support at 10,650 and then 10,600 levels.  On the options front, maximum Put OI was at 10,000 followed by 10,500 and 10,700 levels, while maximum Call OI was at 11,000 followed by 10,900 level. Meaningful Put writing was seen at all the immediate strike prices from 10,650 to 10,500 level, which suggests support is intact while Call unwinding was seen at most strike prices till 11,000 level. The...
Read more