BHEL surges 10% on securing Rs 4,000-crore order from Adani Power’s arm
Shares of Bharat Heavy Electricals Limited (BHEL) hit a 52-week high, and were frozen at the temporary 10 per cent upper circuit at Rs 111 on the National Stock Exchange (NSE) on Tuesday at 02:41 PM, after the company said it received an order from Mahan Energen (formerly known as Essar Power MP Limited), a wholly-owned subsidiary of Adani Power. The size of orders is approximately Rs 4,000 crore.
BHEL trades in the futures & option (F&O) segment, which has no circuit limits. A combined 66.19 million shares changed hands and there were combined pending buy orders for 4.3 million shares on the NSE and BSE.
