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Posts Tagged ‘BHEL’

Technicals - BHEL

October 17th, 2008 by admin | No Comments | Filed in short term

Bhel bottomed out by posting an intra-week low of Rs. 334.52 during the week ended 28th January 2005. The scrip took support on the 21 Week EMA, and rallied to peak at an intra-week high of Rs. 1232.50 during the week ended 12th May 2006. Bhel couldn’t sustain these levels for long, declined to post an intra-week (more…)

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ICICI Ventures eyes stake in BHEL JV

September 5th, 2008 by admin | No Comments | Filed in BSE, Market Watch

Two leading private financial institutions — ICICI Ventures and IL&FS — are likely to pick up 50 per cent stake in the NTPC-BHEL joint venture, which was floated in April this year to manufacture power equipment.  “We are meeting IL&FS and ICICI Ventures representatives on September 10. We will see how much they can invest in this joint venture company,” said minister of state for power, Mr Jairam Ramesh. (more…)

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