India, Feb. 11 -- The largecap stock of BHEL was in the spotlight after the company received an order worth Rs 2800 Crore, but even after such a significant order the stock fell by 6 percent, heres why.
With a market cap of more than Rs 90,000 Cr, Bharat Heavy Electricals Ltd saw its stock hit an intraday low of Rs 259 which is 6 percent lower than the previous close of Rs 276. While, the company stock has given a compounded return of 54 percent in the last three years.
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BHEL has received a Letter of Acceptance from Bharat Coal Gasification and Chemicals Limited (BCGCL), a JV of Coal India and BHEL, for executing the Syngas Purification Plant (LSTK-2 package) for a coal-to-2000 TPD ammonium nitrate project at Lakhanpur, ...
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