Bhel fell 1.97% to Rs 199.25 at 13:22 IST on BSE on profit booking after the stock jumped 5.39% in the preceding two trading sessions to Rs 203.25 on 28 May 2013, from a recent low of Rs 192.85 on 24 May 2013.
Meanwhile, the S&P BSE Sensex was down 87.57 points, or 0.43%, to 20,073.25.
On BSE, 2.21 lakh shares were traded in the counter as against an average daily volume of 4.28 lakh shares in the past one quarter.
The stock hit a high of Rs 204.80 and a low of Rs 198.50 so far during the day. The stock had hit a 52-week high of Rs 272.45 on 5 October 2012. The stock had hit a 52-week low of Rs 174.50 on 28 March 2013.
The stock had outperformed the market over the past one month till 28 May 2013, rising 7.60% compared with the Sensex's 4.53% rise. The scrip had, however, underperformed the market in past one quarter, rising 1.02% as against Sensex's 6.89% rise.
The large-cap company has an equity capital of Rs 489.52 crore. Face value per share is Rs 2.
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Bhel's net profit fell 4.2% to Rs 3237.54 crore on 2.2% decline in net sales to Rs 18850.16 crore in Q4 March 2013 over Q4 March 2012.
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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