Introduction:
PSU stock has bagged a major ₹11,800 Crore EPC order for a 2×660 MW thermal power project in Chhattisgarh. This strengthens its role in the power sector and boosts long-term growth prospects in infrastructure and energy development.
Share Price movement of Bharat Heavy Electricals:
On March 28, 2025, Bharat Heavy Electricals Limited opened at ₹215.54, reached a high of ₹221.30, up 1.24% from its previous close of ₹213.98, with a low of ₹214.28. The stock is currently trading at ₹216.64, with a market cap of ₹75,435.42 Crores.
Bharat Heavy Electricals share price rise:
Bharat Heavy Electricals Limited (BHEL) has received a Letter of Intent from Chhattisgarh State Power Generation Company Limited (CSPGCL) for executing an EPC package for a 2×660 MW Supercritical Thermal Power Plant at Hasdeo, Korba West, Chhattisgarh. The LOI was received on March 27, 2025.
The contract includes the supply of supercritical equipment like boilers, turbines, generators, electrical systems, C&I, and Balance of Plant packages. It also covers erection, commissioning, and civil works. The project is awarded through domestic competitive bidding and is expected to be completed within 60 months.
The total order size is approximately ₹11,800 Crores, excluding taxes and duties. The awarding entity is domestic, with no promoter group interest or related party transactions involved. BHEL confirmed that this project falls under normal business activities and will enhance its presence in the power sector.
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Recent news About Bharat Heavy Electricals:
On March 26, 2025, BHEL announced the extension of its Technology Collaboration Agreement (TCA) with Vogt Power International Inc., USA, for Heat Recovery Steam Generators (HRSGs). This renewal enables BHEL to stay updated with global advancements in HRSG design, maintaining its competitive edge in the power equipment sector.
Stock performance of Bharat Heavy Electricals for Period of 1 week, 6 months and 1 year:
Bharat Heavy Electricals’ stock performance shows limited short-term gains and long-term weakness. Over the past one week, it rose by 0.96%. However, in six months, it declined by 25.6%, and over the one-year period, it registered a negative return of 13.5%.
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Shareholding pattern of Bharat Heavy Electricals:
All values in % | Dec-24 | Sep-24 | Jun-24 |
Promoters | 63.17 | 63.17 | 63.17 |
FII | 7.98 | 9.48 | 9.1 |
DII | 15.49 | 14.69 | 15.03 |
Retail & others | 13.36 | 12.65 | 12.71 |
About Bharat Heavy Electricals:
Bharat Heavy Electricals Limited (NSE : BHEL) is a leading Indian public sector engineering and manufacturing company. It specializes in power generation equipment, industrial systems, and defence products, playing a crucial role in supporting India’s infrastructure and energy development.
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.