Wednesday, January 27, 2010

BHEL to sign JV with MP Power Generating co; stk up

Bharat Heavy Electricals (BHEL) touched an intraday high of Rs 2,378 and an intraday low of Rs 2,343. At 09:11 am, the share was quoting at Rs 2,356.05, up Rs 12.45, or 0.53%.

The company is going to sign a JV agreement with Madhya Pradesh Power Generating Co today to set up 2x800MW supercritical Thermal Power Plant, reports CNBC-TV18.

It was trading with volumes of 3,314 shares. Yesterday the share closed down 1.52% or Rs 36.20 at Rs 2,343.60.



ref:
http://www.moneycontrol.com/news/buzzing-stocks/bhel-to-sign-jvmp-power-generating-co-stk-up_438407.html

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