Bharat Heavy Electricals fell 1.53% to Rs 242.15 at 13:42 IST on BSE after a massive bulk deal of 84.45 lakh shares was executed on the scrip at Rs 243 per share at 10:30 IST on BSE today, 17 June 2015.
Meanwhile, the BSE Sensex was up 185.19 points, or 0.69%, to 26,871.70.
On BSE, so far 1.10 crore shares were traded in the counter, compared with an average volume of 3.94 lakh shares in the past one quarter.
The stock hit a high of Rs 246.90 and a low of Rs 241 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 195.10 on 7 October 2014.
The stock had outperformed the market over the past one month till 16 June 2015, rising 6.61% compared with 2.33% fall in the Sensex. The scrip had also outperformed the market in past one quarter, falling 4.80% as against Sensex's 6.16% fall.
The large-cap power equipment major has an equity capital of Rs 489.52 crore. Face value per share is Rs 2.
Bhel's net profit fell 51.8% to Rs 888.35 crore on 16.2% decline in net sales to Rs 12368.43 crore in Q4 March 2015 over Q4 March 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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