BHEL signs Contract Agreement with Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise, Nigeria

Bharat Heavy Electricals Limited has signed a Contract Agreement with M/s Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise, Nigeria for Design, Manufacturing, Supply and Supervision of Erection & Commissioning of 8 Nos. Gas Turbine Generator Package for their Petroleum Refinery and Polypropylene Plant in Dangote Industries Free Zone, Nigeria.

The order size is between INR 2000 - 2500 Crores.

Shares of Bharat Heavy Electricals Limited was last trading in BSE at Rs. 406.10 as compared to the previous close of Rs. 410.95. The total number of shares traded during the day was 595480 in over 10411 trades.

The stock hit an intraday high of Rs. 412.70 and intraday low of 397.10. The net turnover during the day was Rs. 240298876.00.

Source : Equity Bulls

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