May 29, 2018 / 8:17 AM / 24 days ago

BUZZ-India's BHEL posts biggest pct gain in over 7 months after strong Q4

** Shares of state-run power plant equipment maker Bharat Heavy Electricals Ltd jump as much as 9.6 pct to 86.8 rupees - highest since May 3

** Stock posts biggest intraday pct gain since October 2017

** More than 42.2 mln shares traded versus their 30-day moving avg of 4.4 mln

** Company’s March-quarter profit more than doubled from a year earlier

** BHEL said it booked orders worth 409.32 bln rupees ($6.03 bln) in FY 2017-18, indicating a 74 pct rise y/y

** Stock had fallen nearly 14.3 pct this year, up to Monday’s close ($1 = 67.9350 Indian rupees)

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