Wednesday, April 9, 2014

Double whammy for BHEL: Project delays, fall in order inflow a worry !

It is a double whammy for India's largest power equipment manufacturer Bharat HeavyBSE 2.37 % Electrical (BHEL). The company's FY14 revenue growth has dipped after several clients delayed execution. That is not at all. Order inflows, too, have tripped due to paucity of domestic orders for new power plants. According to provisional results released to stock exchanges, order inflow growth slid by 12 per cent on a year-on-year basis to Rs 21,800 crore at the end of FY14. Order inflows hav .. More at: http://economictimes.indiatimes.com/markets/stocks/stocks-in-news/double-whammy-for-bhel-project-delays-fall-in-order-inflow-a-worry/articleshow/33527435.cms

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