{"id":296935,"date":"2019-10-19T11:27:50","date_gmt":"2019-10-19T05:57:50","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=296935"},"modified":"2019-10-19T11:27:50","modified_gmt":"2019-10-19T05:57:50","slug":"why-disinvestment-can-break-the-shackles-around-bhel","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/why-disinvestment-can-break-the-shackles-around-bhel\/","title":{"rendered":"Why disinvestment can break the shackles around BHEL"},"content":{"rendered":"<p>Mumbai: Under the spotlight of disinvestment, power equipment producer BHEL Ltd may be just beginning to lighten up. The stock surged 27.5% in trade today to \u20b956.8, which takes the market value of the company to about \u20b919,800 crore. This should fetch the government decent sums if a significant chunk is divested.<\/p>\n<p>Nevertheless, risks to growth look skewed on the downside in its thermal power business. Hence, BHEL has been expanding into new sectors such as E-mobility, EV-charging, transportation and defence. EV stands for electric vehicles. BHEL plans to target about 50% of revenues from these new businesses over the next five years. This appears to make BHEL an interesting candidate for private players.<\/p>\n<p>Of course, despite talk of entering into these new businesses, the BHEL stock had been languishing near 15-year lows. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Under the spotlight of disinvestment, power equipment producer BHEL Ltd may be just beginning to lighten up. The stock surged 27.5% in trade today to \u20b956.8, which takes the market value of the company to about \u20b919,800 crore. This should fetch the government decent sums if a significant chunk is divested. Nevertheless, risks to growth look skewed on the downside in its thermal power business. Hence, BHEL has been expanding into new sectors such as E-mobility, EV-charging, transportation and defence. EV stands for electric vehicles. BHEL plans to target about 50% of revenues from these new businesses over the [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-296935","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=296935"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296935\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=296935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=296935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=296935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}