State-run power equipment maker BHEL has commissioned a 600 megawatt (MW) unit at Kakatiya Thermal Power Project, Telangana.

"The unit, commissioned at Kakatiya Thermal Power Project (KTPP) at Chelpur in Warangal District of Telangana, is the highest rating unit in the state," Bharat Heavy Electricals Ltd (BHEL) said in a statement.

State Bank of India (SBI), Larsen & Toubro (L&T) and Bharat Heavy Electricals Limited (BHEL) were three companies from the 30 share S&P BSE Sensex which touched their respective 52-week lows as the market recorded biggest single day fall in four months.

The S&P BSE Sensex tumbled 2.05% or 534 points to close at 25,627, its sharpest single day fall since September 22, 2015, due to the weak Chinese manufacturing data. The Nifty50 plunged 171 points to end at 7,793.

NEW DELHI: State-run Bharat Heavy Electricals Ltd (BHEL) has commissioned a 660 MW unit of Prayagraj Super Thermal Power Project at Bara in Uttar Pradesh.

"The unit has been commissioned at the upcoming 3x660 MW Prayagraj Super Thermal Power Project (STPP) at Bara in Allahabad district of Uttar Pradesh", BHEL said in statement today.

Software major Tata Consultancy Services (TCS) emerged as the biggest wealth creator in the past five years, while MMTC and Reliance Industries topped the list of companies where investors lost the most, says a study.

According to wealth creation study conducted by financial services company Motilal Oswal, TCS created wealth worth Rs 3,458 billion for the period 2010-15, followed by ITC (Rs 1,565 billion) and HDFC Bank (Rs 1,540 billion).

Shares of Bharat Heavy Electricals (BHEL) have gained 2.22% to Rs 168 on the BSE after Heavy Industry Minister Anant Geete clarified to the media that there were no plans of divestment of the government's stake in the company.

According to reports, Heavy Industry Minister Anant Geete has categorically denied that a propsoal of further stake sale in Bharat Heavy Electricals (Bhel) is being considered by the government at present.

Tata Consultancy Services (TCS), Bharat Heavy Electricals Limited (BHEL), Adani Ports & Special Economic Zone (SEZ) and Rallis India have touched their respective 52-week lows on the Bombay Stock Exchange (BSE) after the Sensex slipped 243 points in early morning trade.

At 09:54 AM, the TCS was down 1% at Rs 2,328 after hitting a 52-week low of Rs 2,322 on the BSE. Shares of India's largest information technology services company by falling 8% in past one month as compared to 3% decline in the benchmark index.

Shares of Bharat Heavy Electricals Limited (BHEL) has dipped 2% to Rs 169, its lowest level since March 2014 on the BSE.

In past four months, the stock has fallen 40% from Rs 283 on August 8, as compared to 8% decline in the S&P BSE Sensex.

Weak order execution and margin pressures, which have been looming over power and industrial equipment maker BHEL, led to disappointing results in September '15 quarter (Q2) as well, significantly impacting its stock. BHEL's share price has fallen 17% in the last one month and touched a 19-month low on Tuesday.

While the UDAY package for reviving the financial health of state electricity boards (SEBs) as well as price renegotiation with RasGas (that could lead to lower prices of imported gas) are positives for industry, the near-term outlook for BHEL remains muted.

India’s biggest capital goods company, Bharat Heavy Electrical (BHEL), has lost so much value that it now commands a market capitalisation smaller than that of Siemens India, reports fe Bureau in Mumbai. At Rs 42,894 crore, BHEL is now less valuable than Siemens, which commands a market cap of Rs 44,098.4 crore. At the start of 2015, the PSU was valued twice as much as the Indian subsidiary of the German multinational. But an 80% fall in Q1FY16 earnings, followed by a net loss of Rs 204.9 crore in Q2FY16, has prompted the Street to do a rethink.

The odds continue to stack up against Bharat Heavy Electricals Ltd (Bhel), the country’s largest power equipment maker. Weak order inflows, delayed execution, profitability pressure and operating loss haunted the first two quarters of fiscal 2016. But things are unlikely to get better soon. Here’s why:

Order inflows for the first six months at Rs.22,000 crore may have been about 50% higher on the abysmally low base of the year-ago period.

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