Page 5 - Bhel
Defence Expo 2020: BHEL, BEL sign MoU to develop, market products
BHEL, BEL to develop products for defence, non-defence applications
 "Defence Expo 2020: BHEL, BEL sign MoU to develop, market products")
Nifty view & stock recommendations by Prabhudas Lilladher: Buy Titan, BHEL
The support for the week is seen at 40,950/12,030 while resistance is seen at 42,260/12,460. Bank Nifty would have a range of 30,580-31,880
 "Nifty view & stock recommendations by Prabhudas Lilladher: Buy Titan, BHEL")
Govt gives nod for sale of equity shares of 6 PSUs in Neelachal Ispat
The six PSUs are MMTC, National Mineral Development Corporation, Bharat Heavy Electrical Ltd, Odisha Mining Corporation, Odisha Investment Corporation and MECON
 "Govt gives nod for sale of equity shares of 6 PSUs in Neelachal Ispat")
UP govt plans to partner BHEL, HAL for industrial and technical training
Also moots technical tie-ups with top institutions like IITs
Electrical equipment makers stare at Rs 800-cr dues from states, Centre
This segment wants to disassociate itself from the power sector
 "Electrical equipment makers stare at Rs 800-cr dues from states, Centre")
Ircon International, BEML sign pact to explore opportunities overseas
The pact aims at promoting supply of BEML manufactured rolling stock as well as construction equipment for railway projects outside India
NLC India commissions 500 MW Unit 1 of first lignite-fired power plant
This is the first 500MW lignite fired power boiler in the country as the highest capacity of lignite-fired boiler so far was upto 250 MW only, a press release said.
 "NLC India commissions 500 MW Unit 1 of first lignite-fired power plant")
CRISIL downgraded long-term bank ratings for BHEL from 'AA+' to 'AA'
The rating on the short-term bank facilities has been reaffirmed at 'CRISIL A1+'.
BHEL Q2 profit slumps 36% to Rs 119 cr as revenue from operations falters
The company spent Rs 4,316 crore for acquiring the materials consumed including erection and engineering in Q2 which is largely similar to the previous quarter spending of Rs 4,388 crore.
 "BHEL Q2 profit slumps 36% to Rs 119 cr as revenue from operations falters")
L&T's construction arm bags contracts worth Rs 2,500 crore from clients
The company said its buildings and factories business has received an order for execution of mechanical works for a cement plant at Kurnool.
 "L&T's construction arm bags contracts worth Rs 2,500 crore from clients")
Divestment isn't enough to sustain uptrend in BHEL as numbers don't support
Operational performance has been on a weak footing for long, with little hope of turnaround even in the medium-term
 "Divestment isn't enough to sustain uptrend in BHEL as numbers don't support")
BHEL zooms 14% on reports CLSA upgrades to 'Buy' from 'Sell'
Earlier this month, reports suggested that Centre could reduce its stake in the heavy equipment manufacturer to 26 per cent from 63.17 per cent as part of its strategic divestment.
BHEL posts biggest intra-day rally in 10 yrs on govt stake sale plan report
The stake in BHEL may be pared in tranches to 26 per cent from 63.17 per cent now.
Top stock picks by Religare Broking: Buy Muthoot Finance, Havells India
Stock recommendation by Religare Broking
 "Top stock picks by Religare Broking: Buy Muthoot Finance, Havells India")
BHEL, BSNL, Coal India warn of pay cuts after unmet targets, cash crunch
BSNL has moved to impose a penalty recoverable from staff salary in proportion to non-achievement of targets
 "BHEL, BSNL, Coal India warn of pay cuts after unmet targets, cash crunch")
BHEL struggles in next-gen market as slowdown continues in power sector
The state-run company earned Rs 34,600 crore in revenues in FY19, a meagre 16 per cent increase over FY16 when BHEL suffered its worst financial loss
 "BHEL struggles in next-gen market as slowdown continues in power sector")
Nalin Shinghal appointed as Chairman and Managing Director of BHEL
State-owned engineering and manufacturing enterprise BHEL Tuesday said Nalin Shinghal has been appointed as its Chairman and Managing Director (CMD). "On his appointment as CMD of Bharat Heavy Electricals Limited (BHEL), Dr Nalin Shinghal, has assumed charge as CMD of India's largest engineering and manufacturing enterprise of its kind," BHEL said in a statement. Prior to joining BHEL, he was the Chairman and Managing Director of Central Electronics Limited (CEL). Shinghal holds a BTech degree in Electrical Engineering from IIT-Delhi and PGDM from IIM Calcutta. He has worked with the Indian Railways Traffic Service (IRTS) in various capacities in Operations, Commercial & Marketing functions and also with PSUs like CONCOR, IRCTC and CEL, in diverse areas. He has also worked with the Long Range Decision Support group of the Ministry of Railways.
 "Nalin Shinghal appointed as Chairman and Managing Director of BHEL")
NMDC terminates contract with BHEL for delay in Rs 1,395 cr project
The Nagarnar steel plan was conceived by the NMDC in 2009-10 and the contract to build raw material handling system was awarded to BHEL on August 1, 2011
 "NMDC terminates contract with BHEL for delay in Rs 1,395 cr project")
BHEL to make emission control equipment for NTPC unit in Rs 840 cr deal
The company has bagged the order from Nabinagar Power Generating Company Ltd (NPGCL), an NTPC unit
Despite reasonable valuation, BHEL stock could give investors a shock
Fundamentals are improving, but managing working capital and order inflows will be tough
