Pharma index has rebounded from the key support zone and LUPIN is offering fresh buying opportunity with favorable risk to reward
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
Stocks to watch on Friday, June 28, 2024: Shares of telecom companies expected to hog limelight; Stanley Lifestyles to debut on the bourses today.
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
Company results Q4 FY24: JK Tyre & Industries, Religare Enterprises, and Hitachi Energy India are poised to release the financial report for the fourth quarter today
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
State-owned engineering firm Bharat Heavy Electricals (BHEL) on Tuesday announced that it has entered into a strategic partnership agreement with HIMA Middle East FZE, Dubai for railway signalling business. HIMA is the world's leading solution provider for safety-related automation in the railways and process industries, a regulatory filing said. According to the filing, the BHEL has entered into a strategic partnership agreement for the railway signalling business with HIMA Middle East FZE, Dubai (A wholly owned subsidiary of HIMA Paul Hildebrandt GmbH, Germany). The BHEL has been supplying locomotives, electrics for EMU/MEMU, propulsion systems, traction motors, traction alternators, traction transformers, etc. to Indian Railways. The partnership with HIMA will further enhance BHEL's offerings to Indian Railways, it said.
Power Mech Projects has bagged orders worth Rs 232.03 crore, including building of power house and balance of plant at a thermal project and coal handling plant. The company received orders under three packages worth Rs 122.89 crore from state-owned engineering firm BHEL in various packages, the company said in a BSE filing. Package A includes erection of power house Unit 1 & 2 and other buildings at 2x660 MW NTPC Talcher, Odisha. Package B includes erection of ash handling plant structure, and tank fabrication at the NTPC Talcher plant. Package C includes erection of coal handling plant structure at the plant. The other order of Rs 52.74 crore includes balance civil and architectural works of superstructure of power house, bunker area and balance works in other areas of main plant of Yadadri TPS (thermal power station) Unit 4 & 5 -- Rs 52.74 crore. Another order of Rs 56.40 crore includes mechanical structure erection works at PP2 and Balance Quantity of Coke Oven Projects ...
Ramkrishna Forgings Ltd on Monday said it has received an order of Rs 270 crore from a consortium led by BHEL to supply bogie frames of Vande Bharat train sets. The scope of the project involves the development and validation of the bogie frames for the sleeper version of the Vande Bharat train sets, Ramkrishna Forgings Ltd (RKFL) said in a statement. This order encompasses 32 train sets, each comprising 16 coaches and RKFL will be producing a total of 1,024 bogie frames, it said. The order valued at Rs 270 crore is to be supplied to the BHEL TRSL consortium, the statement said. Lalit Kumar Khetan, Whole Time Director & CFO, Ramkrishna Forgings Limited said, "Securing the prestigious order is an indication to our relentless pursuit of excellence and innovative approach. We...support the Make in India and the advancement of rail transport in the country by leveraging our expertise in manufacturing high-quality bogie frames." Kolkata-based Ramkrishna Forgings is a manufacturer and .