The stock of BHEL soared over 3% during Thursday’s trade on the BSE on the back of the company and Kawasaki making rolling stock for the bullet train from Ahmedabad to Mumbai. PM Narendra Modi and Japanese PM Shinzo Abe had laid the foundation stone for Rs 1.1 lakh crore bullet train projects yesterday.
The stock of BHEL has seen intensive profit booking on Friday and registered a spurt in its volume by over 1.53 times. The stock of BHEL hit an intraday high and low of Rs 135.45 and Rs 131.35 per share, respectively on Friday.
The stock had hit its 52-week high of Rs 182.65 /share on April 25, 2017 and its 52-week low of Rs. 116.15/share on December 27, 2016, respectively.