Bharat Heavy Electricals Ltd fell 3.42% today to trade at Rs 70.55. The S&P BSE Power index is down 1.78% to quote at 1953.93. The index is up 2.85 % over last one month. Among the other constituents of the index, NTPC Ltd decreased 3.13% and K E C International Ltd lost 3.06% on the day. The S&P BSE Power index went down 16.75 % over last one year compared to the 3.82% surge in benchmark SENSEX.

Bharat Heavy Electricals Ltd has lost 0.07% over last one month compared to 2.85% gain in S&P BSE Power index and 1.73% rise in the SENSEX. On the BSE, 2.45 lakh shares were traded in the counter so far compared with average daily volumes of 10.44 lakh shares in the past one month. The stock hit a record high of Rs 108 on 23 Jan 2018. The stock hit a 52-week low of Rs 64.5 on 17 Jul 2018.

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Bharat Heavy Electricals has fixed 06 November 2018 as the 'Record Date' to determine the entitlement and names of the eligible shareholders/ beneficial owners who are eligible to participate and to whom the Letter of Offer and Tender Form will be delivered in relation to the Buyback of equity shares of the Company.

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Net profit of Bharat Heavy Electricals rose 60.43% to Rs 185.17 crore in the quarter ended September 2018 as against Rs 115.42 crore during the previous quarter ended September 2017. Sales rose 5.61% to Rs 6606.90 crore in the quarter ended September 2018 as against Rs 6256.22 crore during the previous quarter ended September 2017.

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The result was announced during trading hours today, 25 October 2018.

Meanwhile, the S&P BSE Sensex was down 351.15 points, or 1.03% to 33,682.81.

On the BSE, 10.60 lakh shares were traded in the counter so far compared with average daily volumes of 4.92 lakh shares in the past two weeks. The stock had hit a high of Rs 76.50 and a low of Rs 72.55 so far during the day. The stock hit a 52-week high of Rs 108 on 23 January 2018. The stock hit a 52-week low of Rs 64.50 on 17 July 2018.

Bharat Heavy Electricals (Bhel) is one of the largest engineering and manufacturing companies of its kind in India engaged in design, engineering, construction, testing, commissioning and servicing of a wide range of products and services with over 180 product offerings to meet the ever-growing needs of the core sectors of economy.

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