Millennium Post

Scrip up 4.65%; mcap rises by Rs 1,298 cr

Shares of power equipment maker Bhel rose nearly 5 per cent on Thursday after the company commissioned an all-time high power generation capacity of over 15,000 mw and booked new orders worth Rs 43,727 crore in 2015-16, the largest in five years. The stock climbed 4.65 per cent to settle at Rs 119.30 on BSE. During the day, it gained 6.49 per cent to Rs 121.40. At NSE, shares of the company went up 4.69 per cent to close at Rs 119.25. The stock was the biggest gainer among the blue-chips on both Sensex and Nifty. The company’s market valuation rose by Rs 1,297.87 crore to Rs 29,199.87 crore.
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