BHEL pays Rs 88 Crore Final Dividend for FY 2022-23 to Govt. of India

Bharat Heavy Electricals Limited (BHEL) has paid a final dividend of Rs.88 Crore for the year 2022-23 to the Govt. of India.

To this effect, a cheque towards the final dividend on the equity (63.17%) held by the Government of India, was presented to Dr. Mahendra Nath Pandey, Hon'ble Union Minister of Heavy Industries by Dr. Nalin Shinghal, Chairman and Managing Director, BHEL, in the presence of Sh. Kamran Rizvi, Secretary (HI).

Directors on the board of BHEL and senior officials of the Ministry of Heavy Industries were also present on this occasion.

Significantly, the total dividend paid to the company's shareholders for FY 2022-23 amounts to over Rs.139 Crore.

Shares of Bharat Heavy Electricals Limited was last trading in BSE at Rs. 127.25 as compared to the previous close of Rs. 127.55. The total number of shares traded during the day was 1191575 in over 9149 trades.

The stock hit an intraday high of Rs. 130.45 and intraday low of 127.00. The net turnover during the day was Rs. 153044078.00.

Source : Equity Bulls

Keywords

BharatHeavyElectricals INE257A01026 BHEL FinalDividend GovernmentofIndia