Maharatna stock jumps after signing MoU for 10 yrs with Nuovo Pignone International s.r.l.Maharatna stock jumps after signing MoU for 10 yrs with Nuovo Pignone International s.r.l.

Introduction:

Leading Maharatna enterprise has entered a 10-year strategic tie-up with an international firm to address compressor revamp opportunities in India’s fertilizer sector, aiming to boost market share and business prospects.

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Share price movement of BHEL:

On April 11, 2025, Bharat Heavy Electricals Ltd opened at ₹216.25, up 2.10% from its previous close of ₹211.80. The stock hit a high of ₹217.80 (2.83%) and a low of ₹214.45. By 11:17 AM, it traded at ₹215.15, marking a 1.58% rise, with a market cap of ₹74,916.59 crore.

BHEL Signs Strategic MoU with Nuovo Pignone:

 Bharat Heavy Electricals Limited (BHEL) signed a Memorandum of Understanding (MoU) with international entity Nuovo Pignone International s.r.l. for a long-term strategic partnership. The MoU outlines a 10-year collaboration focused on business sharing and targeting compressor train revamp opportunities in India’s fertilizer sector.

Under the agreement, BHEL will act as the lead bidder for identified compressor revamp projects, while Nuovo Pignone will serve as a nominated vendor. No new joint venture or acquisition is involved, and there is no upfront consideration paid by either party. Both firms will execute their defined scopes of work independently.

Recent news on BHEL:

As of March 21, 2025, Bharat Heavy Electricals Ltd secured a ₹7,500 crore EPC order from Gujarat State Electricity Corporation Ltd. for the 1×800 MW Ukai Extension Unit 7 project in Gujarat.

Stock performance of BHEL for Period of 1 week, 6 months, and 1 year:

Bharat Heavy Electricals Ltd delivered a -1.23% return over the past week. It declined by 21.6% in the past six months, and the stock dropped 19.3% over the past year.

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Shareholding pattern of BHEL:

Particulars	Mar 2025	Dec 2024	Sep 2024
Promoter	63%	63%	63%
FII	7%	8%	10%
DII	16.30%	15.50%	14.70%
Public	13%	13%	13%

About BHEL:

Bharat Heavy Electricals Ltd (NSE: BHEL) is a government-owned engineering firm offering power plant equipment and services across sectors like power, defence, transport, renewables, and oil & gas, serving India’s infrastructure needs.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.