Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessStocksBHEL gains on capital goods output data

    BHEL gains on capital goods output data

    Capital good stocks such as Bharat Heavy Electricals (BHEL) rose after a sub-index in the industrial output data out on Thursday showed healthier growth than in the broader data.

    April 12, 2012 / 15:41 IST

    Capital good stocks such as Bharat Heavy Electricals (BHEL)rose after a sub-index in the industrial output data out on Thursday showed healthier growth than in the broader data.

    Capital goods output grew at 10.6% in February from a year earlier, recovering from an annualised fall of 1.7% in January, according to a breakdown of the industrial output data.

    BHEL surged 2.7%, while Larsen & Toubrorose 0.7%.

    first published: Apr 12, 2012 03:32 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347