 "Bhel")
State-run Bharat Heavy Electricals (BHEL) shares tanked as much as 9.5 per cent to Rs 28.45 apiece on the BSE on Monday after the company during the weekend reported a consolidated net loss of Rs 1,532.18 crore for the March quarter, mainly due to lower revenues and deferred tax.
The stock, however, trimmed its losses later and at 09:31 am, it was trading around 4.5 per cent lower at Rs 30.05. In comparison, the benchmark S&P BSE Sensex was trading nearly a per cent lower at Rs 33,465.08 levels.
BHEL's total income for the quarter review stood at Rs 5,193.51
