Before companies embark on another leg of the high-growth phase, analysts expect near-term moderation in growth
Within the large-cap 100 universe, stocks from Adani group - Adani Green Energy and Adani Energy Solutions - have witnessed a 63 per cent and 54 per cent fall in their PE since September 2024-end
State-run engineering firm Bharat Heavy Electricals Ltd (BHEL) on Friday said it has secured an order worth 6,700 crore from Singareni Collieries Company (SCCL) to set up an 800 MW thermal power unit in Telangana. Under this contract, BHEL's scope of work includes design, engineering, manufacturing, supply, erection and commissioning, along with civil works, a company statement said. BHEL has secured an order from SCCL for setting up the 800 MW Adilabad supercritical thermal power project in Mancherial district, Telangana on EPC (Engineering, Procurement & Construction) basis. The company said the broad consideration or size of the order is Rs 6,700 crore exclusive of taxes and duties. The proposed unit is to be established adjacent to the existing 2x600 MW units which are in operation. Significantly, these units were also entrusted upon BHEL for Boiler-Turbine-Generator (BTG) scope and both units were commissioned by BHEL in 2016. Notably, BHEL has successfully installed more ..
In a separate order, on February 9, BHEL said it has received a Letter of Intent (LoI) from Rajasthan Part I Power Transmission Limited (SPV under Adani Energy Solutions) for the BF800 HVDC project
CLSA maintained a 'Reduce' rating on BHEL and cut the target price to Rs 166 per share from Rs 205
State-owned engineering firm BHEL on Tuesday posted over twofold jump in consolidated net profit at Rs 134.70 crore for December quarter 2024-25 mainly on the back of higher revenues. The company had logged a profit of Rs 60.31 crore in the quarter ended December 31, 2023, a BSE filing said. Total income rose to Rs 7,385 crore in the quarter from Rs 5,599.63 crore in the same period a year ago.
The probe comes in response to a PIL case accusing official and contractors or corruption in the Palamuru-Rangareddy Lift Irrigation Scheme
Here are 5 F&O stocks that are trading with a PCR in excess of 1; Options data and technical charts suggest up to 14% upside for these stocks in the December series; key levels here.
While Hitachi Energy did not specify the time period of the order in the filing, BHEL said that the order has to be completed by 2029
State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) on Monday said it has, along with Hitachi Energy India, secured an order for Khavda Nagpur HVDC (hight voltage direct current transmission) project from Power Grid Corporation. The order was awarded by Power Grid Corporation of India on behalf of its Project SPV (special purpose vehicle) company. According the filing, the order is to design and execute the 800kV, 6,000 MW, 1,200 km High Voltage Direct Current (HVDC) terminal stations to evacuate renewable energy from Khavda in Gujarat to Nagpur in Maharashtra. The order will be executed by 2029. Power Grid Corporation secured Khavda Phase V: Part A Power Transmission, the first-ever HVDC project tendered through a tariff-based competitive bidding (TBCB) process and subsequently selected BHEL and Hitachi Energy India for the implementation of bi-directional parallel HVDC bipoles and associated AC substations for power evacuation. This project is part of the interstate
Many quality small- and medium-cap stocks have become appealing buys, and the medium-to-long-term outlook remains robust due to economic factors, said G Chokkalingam of Equinomics Research.
State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) on Monday posted a consolidated net profit of Rs 106.15 crore in September quarter mainly on the back of higher revenues. The company had reported a consolidated net loss of Rs 63.01 crore in the quarter ended on September 30, 2023, a BSE filing showed. According to the filing, BHEL had reported a loss of Rs 211.40 crore in the quarter ended June 30, 2024. Total income in the second quarter rose to Rs 6,695.37 crore in the period under review, from Rs 5,305.38 crore in the same period a year ago.
Q2FY25 company results: Indian Oil, Ambuja Cements, Aditya Birla Sun Life AMC, Sun Pharma and more will report their second-quarter earnings on October 28
FIIs have offloaded Indian equities worth a total of Rs 98,086 crore on the stock exchanges till October 24, data from NSDL showed
The uptick in BHEL share price came after the company announced that it has secured an order worth Rs 6.100 crore from NTPC.
State-owned Bharat Heavy Electricals Ltd (BHEL) on Wednesday said it has paid a final dividend of Rs 55 crore for 2023-24 to the government. To this effect, a cheque towards the final dividend on the equity (63.17 per cent) held by the Government of India, was presented to H. D. Kumaraswamy, Union Minister of Heavy Industries and Steel by K Sadashiv Murthy, Chairman and Managing Director, BHEL, a company statement said. The total dividend paid to the company's shareholders for 2023-24 amounted to over Rs 87 crore.