Bhel scrip tanks 9 per cent; top loser on Sensex, Nifty

Shares of Bharat Heavy Electricals LtdBSE -8.02 % today fell sharply by 9 per cent, wiping-off Rs 3,708 crore from its market value, amid investor concerns over the sluggish pace of new orders. At the NSE, the scrip ended 9.02 per cent lower at Rs 172.40. After plunging nearly 9 per cent in intra-day trade, the scrip finally ended at Rs 173.75, down 8.02 per cent from its previous close on the BSE. Following the dip in the stock price, the market value of the company tanked by Rs 3,708 crore to Rs 42,527 crore more at: http://economictimes.indiatimes.com/markets/stocks/stocks-in-news/bhel-scrip-tanks-9-per-cent-top-loser-on-sensex-nifty/articleshow/21166039.cms