Meanwhile, the BSE Sensex was down 97.32 points, or 1%, to 9,598.43. On BSE, 1.79 lakh shares were traded in the counter. The stock had an average daily volume of 5.88 lakh shares in the past one quarter. The stock hit a high of Rs 1395 and a low of Rs 1354 so far during the day. The stock hit a 52-week high of Rs 2626 on 2 January 2008 and a 52-week low of Rs 984.10 on 27 October 2008.
The large-cap stock had underperformed the market over the past one month till 23 December 2008, gaining 6.51% as compared to the Sensex's return of 8.65%. It had outperformed the market in the past one quarter, declining 16.08% as compared to the Sensex's decline of 28.62%.
The company's current equity is Rs 489.52 crore. Face value per share is Rs 10.
The current price of Rs 1382 discounts the company's Q2 September 2008 annualized EPS of Rs 50.32, by a PE multiple of 27.46.
Bharat Heavy Electricals (Bhel) will supply and install plant equipment for NTPC’s upcoming 1,000 megawatts power project in Maharashtra. The company announced the order win during trading hours today, 24 December 2008.
Bhel had in November 2008, bagged an order worth Rs 240 crore from Coastal Gujarat Power (CGPL), for manufacturing and supplying transformers to Tata Power's power project in Gujarat.
Bhel's net profit fell 10.5% to Rs 615.77 crore on 34.7% increase in net sales to Rs 5342.63 crore in Q2 September 2008 over Q2 September 2007.
Bhel is engaged in manufacturing and distributing electrical, electronic, and mechanical and nuclear power equipment.
No comments:
Post a Comment