Bharat Heavy Electricals Limited has informed the Exchange about Bagging/Receiving of orders/contracts
BHEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.2 pts more than Nifty Midcap 150 and 2.9 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
BHEL has received Notifications of Award from Madhya Pradesh Power Generating Company Ltd. (MPPGCL) for two EPC packages: 1x660 MW Amarkantak Unit 6 and 1x660 MW Satpura Unit 12 Supercritical Thermal Power Plants in Madhya Pradesh. The scope includes supply of equipment, erection, commissioning, and civil works. The combined order value is in the range of Rs. 13,000 Crore to Rs. 15,000 Crore (excluding taxes and duties). Each plant is to be completed within 57 months from the award date. The order was awarded through an open domestic tender by a state government PSU.
This is a significant order win for BHEL, likely amounting to over 50% of its annual revenue, providing strong multi-year revenue visibility and supporting its order book. Positive for the stock in the near term, though execution risks and the long 57-month timeline remain key considerations.