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.
The surge in the share price came after the company secured Rs 10,000 crore order for 1600MW Damodar Valley Corp project.
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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
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State-owned engineering firm BHEL has bagged the Rs 13,300 crore order to set up a 1600 MW thermal power plant in Koderma in Jharkhand from Damodar Valley Corporation (DVC). Commensurate with the goal of the central government to ensure the energy security of the country, DVC has finalised the tender for the engineering, procurement and construction (EPC) package of Koderma TPS (2X800MW) in Jharkhand, with Bharat Heavy Electricals Ltd (BHEL) for Rs 13,300 Crore on June 26, 2024, a power ministry statement said. With this investment, which would also have a substantial impact on the local economy and benefit people, the installed thermal generation capacity of DVC would go up to 8140 MW by 2030.
BHEL is one of India's largest engineering and manufacturing enterprises, particularly prominent in the energy and infrastructure sectors
State-owned BHEL on Wednesday said it has secured an order worth over Rs 3,500 crore from Adani Power Limited to set up a thermal power project at Raipur in Chhattisgarh. It has "signed contract agreement signed June 5, supply of equipment (boiler, turbine, generator) and supervision of erection and commissioning for 2x800 MW power project based on Supercritical Technology", BHEL said in an exchange filing. The order's total worth is more than Rs 3,500 crore, excluding the GST, the company added. The boiler and turbine generator will be manufactured at its Trichy and Haridwar plants, respectively, BHEL said.
BHEL, Bharat Electronics, Adani Ports and Special Economic Zone, REC, Power Finance Corporation (PFC) from the future & option (F&O) segment stocks tanked 25 per cent
Government-owned shares witnessed intense selling pressure as analysts feared that the relatively poor showing of the Modi-government may impact its reforms agenda.
At 10:16 AM, all constituents of the BSE Power Index were trading in negative territory
The fall came after the company announced its Q4 results, which missed street expectations.
At 7:09 AM, GIFT Nifty futures indicated a modest uptick of 25 points, trading at 22,626 against Nifty futures
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
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Federal bank has been in a medium-term uptrend. The recent pullback towards the zone of Rs 154 - 156 was brought into and the stock has been witnessing buying interest from that crucial support zone
Army Chief Gen Manoj Pande on Wednesday said an effective defence-industry ecosystem is taking shape in the country and veterans with their field experience are "ideally suited" for incorporation into indigenous research and manufacturing of technological solutions required by the force. In his address at the Army Welfare Placement Organisation (AWPO) Summit 2024 held at the Manekshaw Centre here, he said the Army's responsibility towards its veterans remains a "sacred commitment". The aim of the summit was to bring together different stakeholders on a common platform, to narrow down the gap between enterprise requirements, veteran competencies and the pursuits of AWPO. "While the demand for skilled and experienced workforce exists at the industry end, at the same time, a human resource pool of veterans with adequate experience and unique skill sets is also available, after they exit from active service each year. The endeavour is to synergise the two as well as strengthen the ...
At 10:08 am; the CPSE index, the top gainer among broader indices, was up 1.4 per cent, as compared to 0.16 per cent rise in the S&P BSE Sensex
he market price of BHEL has recovered 45 per cent from March month low of Rs 207.20. At 11:06 am; the stock was trading 3 per cent higher at Rs 290.60, as compared to 0.34 per cent rise in the S&P BSE