BHEL share price surged as high as 10 per cent to Rs 29.30 apiece on BSE in an otherwise Thursday’s weak trade. In less than two months, BHEL share price has rallied 52.6 per cent from its 52-week low level. Last month, Bharat Heavy Electricals Ltd (BHEL) invited expression of interest (EOI) from foreign companies to use its currently idle factories, in an attempt to encourage PM Narendra Modi’s ‘Make in India’ program. However, BHEL stock is still 61 per cent off from its 52-week high of Rs 75.50 hit in June last year. In yesterday’s trade, BHEL shares soared over 23 per cent to close at Rs 26.65 (as compared to Rs 21.55 as of Tuesday’s close).
