BHEL gains 2% on order win from Indian Railways

Source:-.moneycontrol.com

Shares of Bharat Heavy Electricals (BHEL) gained 2 percent intraday Tuesday after company received order from Indian Railways.

Indian Railways has placed an order on BHEL for 25 Broad Gauge 5000 HP AC Electric Locomotives of type WAG-7 with regenerative feature.

The company is the first to develop such a system for these locomotives.

At 12:21 hrs Bharat Heavy Electricals was quoting at Rs 72.65, up Rs 1.10, or 1.54 percent on the BSE.