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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…)
Tags: BHEL, stock investing, stock investment, stock market advice, stock market research
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…)
Tags: BHEL, ICICI Ventures, IL&FS, joint venture, NTPC
