Multibagger Stocks: This company got work order worth Rs 4000 crore
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Multibagger Stocks: Bharat Heavy Electricals Limited (BHEL) has received a big work order worth Rs 4,000 crore from Gautam Adani’s company Adani Power. It is being told that engineering company BHEL has received an order worth Rs 4,000 crore from Adani Power Limited for the establishment of 1,600 MW Raigarh Phase-2 thermal power plant in Raigarh, Chhattisgarh. BHEL said in a stock exchange filing that it has received the order on March 27, 2024 for the supply of equipment, construction and supervision of operation for the 2×800 MW project based on critical technology at Raigarh Phase-2 in Chhattisgarh. Is. It is understood that after this information, there will be a tremendous rise in the company’s stock today. Earlier on Wednesday, the company’s shares had closed at Rs 243.50 with a rise of 1.54 percent i.e. Rs 3.70.
BHEL gave return of 247.36 percent
BHEL is a multibagger stock of the stock market. It has given tremendous returns to investors. In the last five days, the company’s stock has given returns of about 10 percent to investors. At the same time, it has given returns of 8.37 percent in one month and 92.26 percent on six-monthly basis. At the same time, if seen on an annual basis, the company has given a bumper return of 247.36 percent to the investors. A year ago, on March 28, 2023, the company’s stock price was Rs 70.10. However, on the basis of five years, the company’s stock has given a return of 224.88 percent. During the Corona period, the company’s stock price had reached Rs 20.65. The company market cap is currently Rs 84.65 thousand crore.
Adani Power has a mega plan
Adani Power and Adani Green Energy are working on their mega plans regarding green energy. According to the information given to the stock market by Adani Green on Wednesday, the company started a 180 MW solar power plant in Devikot, Jaisalmer, Rajasthan. According to the statement, the plant has a 25-year power purchase agreement (PPA) with Solar Energy Corporation of India (SECI), India’s largest renewable energy company, Adani Green Energy Limited (AGEL). With the successful commissioning of this plant, AGEN’s operational solar capacity has increased to 6,243 MW. The total operational renewable generation capacity has reached 9,784 MW, the highest in India. The 180 MW solar plant in Rajasthan will generate about 54 crore electricity units annually, power more than 1.1 lakh houses and reduce about 3.9 lakh tonnes of CO2 emissions.
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