Bharat Heavy Electricals Ltd (BHEL) saw a surge of more than 2%, reaching a 52-week high on Wednesday following the announcement of a significant contract valued at ₹15,000 crore. The stock opened higher and rallied by 4.68% to achieve a year’s high of Rs 213.20 per share on the NSE, with over 8.74 lakh shares changing hands.
Over the past three months, the stock has seen a remarkable rally, recording a growth of more than 56%. In the entirety of 2023, shares of the company registered an impressive gain of 160%.
