Bharat Heavy Electricals Ltd (BHEL.BO)
22 May 2015
** Shares of India's Bharat Heavy Electricals Ltd fall 1.2 pct
MUMBAI - The BSE Sensex fell on Wednesday, dragged down by blue chips as caution prevailed ahead of the U.S. Federal Reserve's policy statement due later in the day that is expected to give direction on interest rates there.
** Bharat Heavy Electricals falls 1.2 pct ** Tamil Nadu Electricity Board scraps bids for the 1,320 MW Udangudi thermal power project - Times of India (http://bit.ly/1F1sIa3) ** It may take more than a year to finalise a new contractor - traders ** BHEL was lowest bidder for Udangudi project - analysts ** Implies there could be downside risks to estimates of 400 bln rupees of order inflows in FY15 - Citi ** BHEL officials were not immediately reachable for comment (Reuters
** Shares in India's Bharat Heavy Electricals Ltd down 3.1 pct
(Changes headline) Feb 5 - Bharat Heavy Electricals Ltd : * BHEL commissions 270 MW thermal unit in Maharashtra * Project is being executed in two phases, each of 1,350 MW * BHEL - was commissioned at RattanIndia Power Limited's upcoming thermal power
Reuters Market Eye - Bharat Heavy Electricals gains 2.1 percent to highest since July 8.
* Bharat Heavy Electricals gains 2.1 pct to highest since July 8. * Citigroup upgrades stock to "buy" from "sell" and raises target to 335 rupees from 176 rupees. * Citigroup cites better orders, earnings, underperformance, and under ownership by institutional investors as key reasons for upgrade. * Says BHEL now top industrial pick from India. * BHEL has gained 48.7 pct YTD vs. a 35.1 pct gain in the NSE index (email@example.com / abhishek.vishnoi.thomsonreuters.com@reut