Tuesday, December 15, 2009

BHEL signs MoU with Nigerian govt; stk up

Bharat Heavy Electricals (BHEL) touched an intraday high of Rs 2,389.70 and an intraday low of Rs 2,340.15. At 10:13 am, the share was quoting at Rs 2,372.80, up Rs 18.20, or 0.77%.

BHEL signed MoU with Nigerian government for three 500 MW projects, reports CNBC-TV18 quoting, Sources.

BHEL Sources say Nigerian government order is seen worth about $ 2 billion. Nigeria government is finalising states for 3 coal-based units.

It was trading with volumes of 14,915 shares. Yesterday the share closed down 2.29% or Rs 55.20 at Rs 2,354.60.

more at:
http://www.moneycontrol.com/news/buzzing-stocks/bhel-signs-mounigerian-govt-stk-up_431069.html

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