After this decision of Gautam Adani, BHEL shares rocket, jumping by more than 14 percent

BHEL share Price: Shares of Bharat Heavy Electricals Limited (BHEL) are trading with a boom. The company's shares have seen a jump of more than 14.50 percent. The company has received an order of more than Rs 3500 crore from Adani Power Limited. Due to this, BHEL shares rose today. Know more...

Thu, 06 Jun 2024 01:00 PM (IST)
 0
After this decision of Gautam Adani, BHEL shares rocket, jumping by more than 14 percent

Shares of Bharat Heavy Electricals Limited (BHEL) are trading with a boom in Thursday's trading session. The company's shares have seen a jump of more than 14.50 percent. The company has received an order of more than Rs 3,500 crore from Adani Power Limited. Due to this, BHEL shares rose today.

The stock jumped 14.57 percent to Rs 292.45 on BSE. It rose 14.48 percent to Rs 292.35 on NSE.

Today, Adani Power's shares climbed over 8% to Rs 782.30.

Bharat Heavy Electricals Limited (BHEL) informed the stock market on June 5 that a contract agreement was signed for the supply of equipment (boiler, turbine, generator) as well as the supervision of the construction and commissioning of a 2x800 MW supercritical power plant.

According to the corporation, the entire value of the order, minus GST, exceeds Rs 3,500 crore. BHEL stated that the boiler and turbine generator will be constructed at its factories in Trichy and Haridwar.

For Latest News update Subscribe to Sangri Today's Broadcast channels on   Google News |  Telegram |  WhatsApp

Muskan Kumawat Journalist & Writer