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BHEL shares down over 3% as annual profit slides

Last Updated: Monday, April 07, 2014, 18:59

Bharat Heavy Electricals Ltd's shares were down over 3 percent Monday after the company's net profit more than halved in the previous financial year.

BHEL annual profit slides to Rs 3,228 crore

Last Updated: Saturday, April 05, 2014, 19:09

Bharat Heavy Electricals Ltd's net profit more than halved to Rs 3,228 crore in the previous financial year on account of low volumes and challenges in the domestic power sector.

BHEL FY14 provisional net profit slumps 51%

Last Updated: Saturday, April 05, 2014, 12:12

Provisional net profit at the company fell to 32.28 billion rupees in the last fiscal year 2013/14 from 66.15 billion rupees reported in the fiscal year 2012/13, a company statement said.

BHEL bags Rs 3,000 crore order from NTPC

Last Updated: Monday, March 24, 2014, 14:28

In a statement issued on Monday, BHEL said the contract, valued at nearly Rs 3,000 crore, has been won in the face of stiff international competition.

LIC hikes stake in BHEL to 15%

Last Updated: Wednesday, March 05, 2014, 21:22

During this period, LIC snapped 5.942 percent stake in the power equipment maker.

LIC buys 4.66% stake in BHEL for Rs 1,889 cr

Last Updated: Tuesday, March 04, 2014, 13:56

Life Insurance Corporation has bought shares worth Rs 1,889 crore, about 4.66 percent stake, in state-owned power equipment maker BHEL through an open market transaction.

BHEL bags Rs 7,900 cr order

Last Updated: Sunday, March 02, 2014, 14:57

State-owned power equipment maker BHEL has bagged a contract worth Rs 7,900 crore related to 1,980 MW thermal power project in Jharkhand.

LIC invests Rs 35,293 cr in 9-month of FY'14

Last Updated: Sunday, March 02, 2014, 12:03

Country's largest insurer Life Insurance Corporation (LIC) has invested Rs 32,293 crore in the stock market in the nine months of 2013-14 and will invest another Rs 2,000 crore during this month for picking 5 percent stake in power equipment manufacturer Bhel.

Govt clears IOC, BHEL stake sale; to get over Rs 7,300 cr

Last Updated: Friday, February 28, 2014, 20:26

The decision to go ahead with stake sale of 10 percent in IOC and 5 percent in BHEL was taken by the Empowered Group of Ministers on disinvestment, headed by Finance Minister P Chidambaram.

Govt misses disinvestment target for fourth consecutive year

Last Updated: Tuesday, February 18, 2014, 15:01

In 2010-11 and 2011-12 fiscals, the government had raised Rs 22,144 crore and Rs 13,894 crore through disinvestment, against the budgeted target of Rs 40,000 crore in each year.

Heavy borrowing cost on BHEL signals aggressive shorts

Last Updated: Friday, February 07, 2014, 13:30

The high costs charged for lending and borrowing on Bharat Heavy Electricals Ltd(BHEL.NS) indicate shorts are building up, analysts say.

BHEL posts Rs 695 cr profit in Oct-Dec quarter

Last Updated: Wednesday, February 05, 2014, 14:54

BHEL on Wednesday reported net profit of Rs 694.81 crore in the October-December quarter.