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BHEL gains on capital goods output data

Read more on:    Bhel | Iip Data | Larsen & Toubro
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Capital good stocks such as Bharat Heavy Electricals (BHEL) rose after a sub-index in the industrial output data out on Thursday showed healthier growth than in the broader data.

Capital goods output grew at 10.6% in February from a year earlier, recovering from an annualised fall of 1.7% in January, according to a breakdown of the industrial output data.

surged 2.7%, while Larsen & Toubro rose 0.7%.

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