Page 2 - Bharat Heavy Electricals Limited

BHEL share gains 3% on bagging Rs 6,100-crore thermal power order from NTPC

The uptick in BHEL share price came after the company announced that it has secured an order worth Rs 6.100 crore from NTPC.

BHEL stock up 3% on multiple order wins of Rs 11,000 cr; more details here

The shares of BHEL rallied after the company announced that it has secured multiple orders worth over Rs 11,000 crore from Adani Power and its subsidiary Mahan Energen Limited.

BHEL Q1 results: Net loss widens to Rs 211.4 crore on higher expenses

State-owned BHEL on Wednesday reported the widening of its consolidated net loss to Rs 211.40 crore for the June quarter, on account of higher expenses. It had clocked Rs 204.70 crore loss for the April-June period of the preceding 2023-24 fiscal, the company said in an exchange filing. The company's total income rose to Rs 5,581.78 crore from Rs 5,117.20 crore in the year-ago quarter. Expenses stood at Rs 5,874.98 crore as against Rs 5,409.47 crore a year ago. Bharat Heavy Electricals Ltd (BHEL) is one of the largest engineering and manufacturing companies in India.

BHEL up 4% on securing Rs 13,300 cr-order to set up thermal power plant

The increase in share price came after BHEL announced that it has secured an order worth Rs 13,300 crore to establish a 1600 MW thermal power plant in Koderma, Jharkhand, from the Damodar Valley Corp

Indian shares seen opening slightly higher as Modi set for third term

The National Stock Exchange of India handled the highest ever number of transactions in a single trading day on Wednesday, with 19.71 billion orders and 285.5 million transactions

BHEL Q4 results: Net profit drops 26% to Rs 484 crore, revenue flat

BHEL Q4 FY24 results: The company board recommended a dividend of 25 paise for equity share of Rs 2 face value for financial year 2023-24

BHEL surges 10% on heavy volumes; stock hits over 8-year high

The stock is trading higher for a fifth straight day, ralling 16 per cent during the period, after BHEL signed a joint venture agreement (JVA) with Coal India (CIL)

Stocks to Watch today, Jan 2: BHEL, Coal India, LIC, Nestle, TVS Motor

Stocks to Watch on Tuesday, January 2, 2024: BHEL has clarified that it has not bagged the order worth Rs 19,400 crore from NLC India Ltd

21 companies bid for Centre's incentives to manufacture electrolysers

Reliance Electrolyser Manufacturing, Adani New Industries, L&T Electrolysers and Bharat Heavy Electricals are among 21 companies that have bid for government's incentives to set up 3.4 GW of annual capacity for manufacturing electrolyser, a critical component required for hydrogen production. According to an official statement, the bids came in response to a tender by Solar Energy Corporation of India (SECI) inviting players for setting up 1.5 GW manufacturing capacity for electrolyser manufacturing. Bids for electrolyser manufacturers were invited on July 7 this year. On July 10, state-owned SECI also invited bids for selection of green hydrogen producers for setting up production facilities of 4,50,000 tonnes of green hydrogen under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Mode-1-Tranche-I). The SECI statement showed that 21 firms have bid for incentives for setting up 3.4 GW of electrolyser manufacturing capacity annually against 1.5 GW on ...

Defence PSU Bharat Electronics Limited bags orders worth Rs 3,289 crore

Navratna defence PSU Bharat Electronics Limited (BEL) has received new defence and non-defence orders worth Rs 3,289 crore during July and August 2023 (till date). The orders are for supply of Low Level Light Weight Radars, SONARS, IFF Systems, SATCOM Systems, EO/IR Payloads, TRM/DTRMs, Jammers, Encryptors, Data Link Systems, Fire Control Systems, Radars for Directed Energy Systems, Semi Rugged Telephone Exchanges, Software Defined Radios and various others types of radios, Electronic Voting Machines, AMC and Spares, the company said. These also include the LoI / order worth Rs 1,075 crore received on Friday from Hindustan Shipyards Limited for supply of CMS, Communication Systems, EW Systems and other sensors for Fleet Support Ships, the Bengaluru-headquartered BEL said in a statement. "These orders are in addition to the Rs 8,091 crore orders, which are already received. With this, BEL has in all received orders of Rs 11,380 crore till now in the financial year 2023-24", it said.

Investors book profit in BHEL; stock slides 7% after soaring 26% in a month

BHEL has bagged numerous orders over the past few months, keeping analysts bullish on the stock

State-owned BHEL net profit for Q3 rises 57% to reach Rs 42 crore

State-owned engineering firm BHEL on Friday posted a 56.5 per cent rise in its consolidated net profit to Rs 42.28 crore in the December quarter mainly on the back of higher revenues. The consolidated net profit of the firm was Rs 27.02 crore in the year-ago period, according to a regulatory filing. Total income rose to Rs 5,353.94 crore in the October-December quarter from Rs 5,219.89 crore in the same period a year ago.

Stocks to Watch: Torrent Pharma, ONGC, Dr Reddy's, BHEL, BPCL, Birla Corp

Stocks to Watch: Dr Reddy's has received US FDA nod for marketing Timolol Maleate, which is used to treat Glaucoma

India at 75: Munjals to Mahindras - 20 visionary industrialists of India

In the decades since Independence, the enterprises steered by these business leaders have morphed into giants. Here's a look at 20 visionary industrialists of India

BHEL Q1 net loss narrows to Rs 188 cr; total income rises 60%

State-owned Bharat Heavy Electricals Limited (BHEL) on Thursday reported narrowing of its consolidated net loss to Rs 187.99 crore for the quarter ended June 30, 2022. The consolidated net loss of the company stood at Rs 448.20 crore in the year-ago period, according to a regulatory filing. Its total income from operations was at Rs 4,742.28 crore in the first quarter of the current fiscal, compared to Rs 2,966.77 crore in Q1 FY22. Expenses were at Rs 5,006.50 crore as against Rs 3,572.12 crore earlier.

V Krishnamurthy: The guardian of PSUs leaves behind an unmatched legacy

None of V Krishnamurthy's assignments were easy ones. He had to battle scepticism as well

BHEL to supply 6 electric locomotives to NTPC for material handling ops

The locomotives will be manufactured at the company's facility in Jhansi, Uttar Pradesh

BHEL bags order to supply compact heat exchanger sets for Tejas aircraft

The order envisages manufacturing, assembly, testing and supply of compact heat exchangers to be fitted in the light combat aircraft, Tejas, being manufactured by HAL

BHEL receives order worth Rs 400 crore from Indian Oil Corporation

State-run engineering firm BHEL has bagged an order worth Rs 400 crore for setting up a sulphur recovery unit at Indian Oil's Paradip Refinery in Odisha. "Against stiff international competitive bidding (ICB), Bharat Heavy Electricals Limited (BHEL) has bagged a major order for a sulphur recovery unit from IOCL (Indian Oil Corporation Ltd)", a BHEL statement said. With this order, BHEL has made an entry into the downstream oil & gas process package business. According to statement, the package, valued at over Rs 400 crore, envisages setting up a 525 TPD (tonne per day) sulphur recovery unit at IOCL's Paradip Refinery in Odisha. Notably, the company's diversification strategy into non-coal based business areas has begun paying dividends and this is a milestone order for BHEL as part of its new growth areas initiative. With the execution of this order, BHEL will establish itself as an LSTK (lump sum turn key) player for process packages in the downstream oil & gas sector. BHEL's

25% of Nifty50 stocks have changed in 5 years; here are top entries & exits

Bharat Heavy Electricals, Vedanta, and Tata Power are some of the high-profile exits in the past five years