Bhel jumps over 2% on 45,274 MW capacity addition

Shares of Bhel climbed over two per cent today after the state-owned equipment maker said that it has added 45,274 MW capacity during the 12th Five Year Plan period (2012-17), beating targets set by the government.
On BSE, the stock ended the day at Rs 171.20, up 2.51 per cent from the previous close. It opened at Rs 167.25 and touched a high of Rs 171.65 during the intra-day trade.
The scrip closed 2.58 per cent higher at Rs 171.25 on NSE. It had touched a high of Rs 171.90 after opening the day at Rs 167.55.
In terms of volume, more than 61 lakh shares of the firm were traded on the bourses.

Following an uptick in the counter, the market capitalisation of Bhel rose by Rs 1,027.99 crore to Rs 41,902.91 crore.
"Renewing thrust on accelerated project execution, Bhel has achieved a capacity addition of 45,274 MW of utility sets during the 12th five year plan, surpassing the government's capacity addition target by 9 per cent," Bhel said in a statement today.
The government had set the target of 41,661 MW power generation capacity addition for Bhel.