By Admin 
Bhel shares: The shares of Maharatna PSU Bharat Heavy Electricls Limited (BHEL) will be in focus on Monday as the company received an order of Rs 6,500 crore from Adani Group company Adani Power on Friday, June 27.
What will the company do to do?
Giving information about this, BHEL said that it has received a letter of award for six thermal units of 800 MW from Adani Power. Under this, the company has to supply equipment for this project such as steam turbine generator and some accessories. Apart from this, supervision of construction and commissioning is also included. However, the company did not say how long the order has to be completed.
BHEL shares will be in focus
With this new order recently, another thing has been added to BHEL’s projects pipeline. Along with this, in FY25, the company acquired the most orders so far, which has a value of Rs 92,534 crore.
It could be impactful on BHEL’s stock during the trading session on Monday, while the last trading day of the week on Friday, June 27, it fell at Rs 264.05 per share with a decline of 0.21 percent on Friday 27 June and with this the company’s market cap stood at Rs 91,943.88 crore.
BHEL received the highest order of Rs 81,349 crore in the power sector. Orders worth Rs 11,185 crore were received in the industrial segment. This shows that the company is present in many sectors ranging from defense to transportation, industrial equipment and process industries.
Performance of BHEL shares
In the last one year, BHEL shares have declined by 11 percent, but on the basis of year-on-year, it has also registered a rise of 13 percent. In the last three months, BHEL’s stock gained a 23 -percent lead, while the stock has gained 1.4 percent in the last one month.
The BHEL has emerged as a multibagger stock in the long term, which has gained 213 percent in two years, 475 percent in three years and 616 % in five years.
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