The strategic alliance with HIMA will enhance BHEL s product portfolio in the domains of locomotives, electrical systems, propulsion mechanisms, traction motors, alternators, transformers, and more, thereby catering to the requirements of Indian Railways, said Prabhudas Lilladher.
Shares of Adani Enterprises surged about 9.14 per cent to Rs 3,199.45 on Wednesday, commanding a total market capitalization close to Rs 3.65 lakh crore.
BHEL has started consolidating and is showing signs of accumulation. A move beyond Rs 115 is likely to trigger further bullish momentum towards its swing highs of Rs 130.