Bharat Heavy Electricals rose 1.73% to Rs 235.80 at 15:20 IST on BSE after the company's orders inflow, on a provisional basis, rose 10.02% to Rs 30814 crore in the year ended March 2015 over the year ended March 2014.
The provisional result was announced during trading hours today, 6 April 2015.
Meanwhile, the BSE Sensex was up 261.57 points, or 0.93%, to 28,521.71.
On BSE, so far 5.82 lakh shares were traded in the counter, compared with an average volume of 4.45 lakh shares in the past one quarter.
The stock hit a high of Rs 237.75 and a low of Rs 227.80 so far during the day. The stock hit a 52-week high of Rs 299.50 on 4 February 2015. The stock hit a 52-week low of Rs 173 on 17 April 2014.
The stock had underperformed the market over the past one month till 1 April 2015, falling 11.58% compared with 3.75% decline in the Sensex. The scrip had also underperformed the market in past one quarter, falling 13.60% as against Sensex's 2.74% rise.
The large-cap company has an equity capital of Rs 489.52 crore. Face value per share is Rs 2.
On a provisional basis, Bharat Heavy Electricals (Bhel)'s net profit fell 62.03% to Rs 1,314 crore on 23.63% decline in turnover to Rs 30806 crore in the year ended March 2015 (FY 2015) over the year ended March 2014 (FY 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.
Powered by Capital Market - Live News
