Bharat Heavy Electricals lost 5.19% to Rs 254 at 09:18 IST after net profit dropped 69.4% to Rs 212.60 crore on 27.48% decline in total income to Rs 6472.06 crore in Q3 December 2014 over Q3 December 2013.
The result was announced after market hours yesterday, 12 February 2015.
Meanwhile, the S&P BSE Sensex was up 94.71 points or 0.33% at 28,899.81
On BSE, so far 1.37 lakh shares were traded in the counter as against average daily volume of 4.89 lakh shares in the past one quarter.
The stock hit a high of Rs 255 and a low of Rs 251 so far during the day. The stock had hit a 52-week high of Rs 299.50 on 4 February 2015. The stock had hit a 52-week low of Rs 145.75 on 14 February 2014.
The large-cap electric equipment manufacturer has equity capital of Rs 489.52 crore. Face value per share is Rs 2.
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Bharat Heavy Electricals (Bhel) had an outstanding order book position of about Rs 103900 crore as on 31 December 2014.
Bhel is the largest engineering and manufacturing enterprise in India in the energy related/infrastructure sector. The company caters to the core sectors including power, transmission, industry, transportation, renewable energy, oil & gas and defence.
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