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Buy BHEL; target of Rs 370: ICICI Securities

ICICI Securities is bullish on BHEL has recommended buy rating on the stock with a target price of Rs 370 in its research report dated May 22, 2024.

Power Mech bags order worth Rs 563 crore from BHEL, shares gain

Power Mech will complete the civil, structural and architectural works of the turbine island package of 2x700 MWe PHWR Kaiga Atomic Power Project, Unit 5 and 6 in Karnataka

Power Mech gets new order of Rs 563.23 crore

The company expects to complete the order within 32 months.

Coal India incorporates new arm for coal-to-chemical business

Coal India in February signed a joint venture agreement with Bharat Heavy Electricals Ltd (BHEL) for undertaking a coal-to-chemicals business.