Meanwhile, the BSE Sensex was up 18.69 points, or 0.12% to 15,889.04.
On BSE, 6.43 lakh shares were traded in the counter as against average daily volume of 3.29 lakh shares in the past one quarter.
The stock hit a high of Rs 262.80 and a low of Rs 251.80 so far during the day. The stock had hit a 52-week low of Rs 246.20 on 24 November 2011. The stock had hit a 52-week high of Rs 475.80 on 31 December 2010.
The stock had lost 10.82% in the preceding three sessions to settle at Rs 257.55 on Monday, 12 December 2011, from a recent high of Rs 288.80 on 7 December 2011.
The stock had underperformed the market over the past one month till 12 December 2011, falling 20.53% compared with the Sensex's 7.69% decline. The scrip had also underperformed the market in past one quarter, falling 24.7% as against 3.83% fall in the Sensex.
India's largest state-run power equipment maker has an equity capital of Rs 489.52 crore. Face value per share is Rs 2.
Bhel's net profit rose 23.6% to Rs 1412.03 crore on 23.7% growth in net sales to Rs 10298.56 crore in Q2 September 2011 over Q2 September 2010.
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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