Bharat Heavy Electricals Ltd (BHEL) announced on Friday that it has secured a contract worth Rs 7,500 crore from Gujarat State Electricity Corporation Ltd (GSECL). "Letter of Intent (LOI) received on March 20, 2025, for EPC package for 1x800 MW Ukai Extn Unit No. 7 TPS in Tapi District, Gujarat, India," the state-run company stated in a BSE filing.

Following the order win, BHEL shares rose 3.48 percent to a day high of Rs 213.65. The stock was last checked at Rs 212.25, up 2.81 percent. At this price, it is down 8.98% year to date (YTD).

Approximately 3.57 lakh shares were last seen changing hands today. The figure was below the two-week average volume of 4.91 lakh shares. 

Turnover on the counter was Rs 7.53 crore, with a market capitalisation (m-cap) of Rs 73,854.56 crore. There were 14,14,217 sell orders, compared to 1,80,483 buy orders.

The price-to-book (P/B) value of the stock is three, and the price-to-equity (P/E) ratio is 149.47, according to the BSE. A return on equity (ROE) of 2.01 was recorded alongside earnings per share (EPS) of 1.42. High volatility is indicated by BHEL's one-year beta of 2.1, which is based on Trendlyne data.

With more than 180 product offerings to satisfy the constantly shifting demands of the economy's core sectors, BHEL is one of India's biggest engineering and manufacturing firms. Its activities include designing, engineering, building, testing, commissioning, and servicing a wide range of goods and services.