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Wall st. gain after GDP tops expectations
Posted by :
panasonic
The economy grew for the first time in a year as consumer spending and investment in new home-building rebounded, unofficially ending the worst recession in 70 years.
"This is a positive sign that the stimulus is working."
The indian mkt.also may open higher tomorrow.... ...
Order of Rs 2.05 bn
Posted by : rvk41
Bharat Heavy Electricals (BHEL) bagged an order worth Rs 2.05 billion in the Middle East region for a 126 MW Gas Turbine Generating Unit from Oman.
The order envisages supply and supervision of erection and commissioning of one number state-of-the-art 126 MW Gas Turbine generating unit for a power project being set up by Petroleum Development Oman (PDO) at Qarn Alam, nearly 400 kms from Muscat.
Following the receipt of an order in May 2009 for supply of 2x126 MW Gas Turbine generating units for Amal Power Station, this is the second order secured by BHEL as part of the six-year `Price Agreement (Rate Contract) for 126 MW rating Gas Turbine Generator packages` with PDO, signed in January 2009.
The Sultanate of Oman is BHEL`s key export market and has been a springboard for entry in the Middle East region with benchmark references established in Oman. With the present order, BHEL will have the unique distinction of having 16 Gas Turbine sets installed in Oman alone.
This contract will further enhance BHEL?s long-term visibility in the overseas petroleum sector for power plant equipment, which may pave the way for similar opportunities from the hydrocarbon exploration and production majors worldwide.
For information,with regards
rvk41
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IS IT WORTH TO BUY BHEL
Posted by : jaggihsAt present price it may not be a worthwhile buy. Probably IDFC or even REC may give a better return. Buy BHEL below 2000 if it reaches there. Similarly but IDFC below 125....
results
Posted by :
shilpa1971it is always a good compny, keep it in your portfolio and it will reward in long term,...
Result is good
Posted by : cyberganthe very same greed only took the financial world into ransom last year. Think of developed world - still contracting. BHEL having a healthy 20%+ topline is much better in the current scenario. That to an estabilished company having 20%g growth is not an easy task. even if BHEL report 50% growth, our pundits will expect 70%next quarter, which is possible only in sunrise industries. sustainablity is the key.....
BHEL -Q 2
Posted by : jaisankar
Bharat Heavy Electricals Ltd (BHEL) has announced the following Unaudited results for the quarter ended September 30, 2009:
The Company has posted a net profit of Rs 8578.80 million for the quarter ended September 30, 2009 as compared to Rs 6157.70 million for the quarter ended September 30, 2008. Total Income has increased from Rs 56498.40 million for the quarter ended September 30, 2008 to Rs 69230.20 million for the quarter ended September 30, 2009....
NSE Announcements on BHEL
Posted by : MMB MessengerBharat Heavy Electricals Ltd has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 1222086 lacs for half year ending on 30-SEP-2009. Net Profit / (Loss) of Rs. 132847 lacs for the half year ending on 30-SEP-2009....
NSE Announcements on BHEL
Posted by : MMB MessengerBharat Heavy Electricals Ltd has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 662521 lacs for quarter ending on 30-SEP-2009 against Rs. 534263 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 85788 lacs for the quarter ending on 30-SEP-2009 against Rs. 61577 lacs for the quarter ending on 30-SEP-2008....
BSE Announcements on BHEL
Posted by : MMB Messenger
Bharat Heavy Electricals Ltd (BHEL) has announced the following Unaudited results for the quarter ended September 30, 2009:
The Company has posted a net profit of Rs 8578.80 million for the quarter ended September 30, 2009 as compared to Rs 6157.70 million for the quarter ended September 30, 2008. Total Income has increased from Rs 56498.40 million for the quarter ended September 30, 2008 to Rs 69230.20 million for the quarter ended September 30, 2009....
Result is good
Posted by : sam_pdresult is good. but top line doesn`t beat guesstimates, profit figure is good....
BHEL Q2 Numbers Out
Posted by : pms.swastika
BHEL Q2 Numbers Out:
Net Profit at Rs. 857.90 Cr Vs Rs. 615.80 Cr (+39.31%) (YoY)
Net Sales at Rs. 6625.20 Cr Vs Rs. 5342.60 Cr (+24.01%) (YoY)
Regards
Swastika PMS...
IS IT WORTH TO BUY BHEL
Posted by : sauravsachin
BHEL has always been a good company to invest in.
it may not move much in short-medium term but long term is the best way to go.
buy on dips...accumalate in small chunks.
just my views...take an informed decision.
:-)...
IS IT WORTH TO BUY BHEL
Posted by :
vikasbargale
Hi tanna77,
BHEL at CMP is not at all a value buy. So high PE of 37. Not to boost up myself, but i have BHEL at 1600. Still i feel i bought it costly.
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