Bharat Heavy Electricals (BHEL), an integrated power plant equipment manufacturer, witnessed a fall in share price on Friday after announcing weak quarterly results. It reported a fall of 72.75% in net profit to Rs 1.24 billion for the quarter ended Sept. 30, 2014 as compared to Rs 4.55 billion in the same period last year.
Total income has decreased by 33.14% to Rs 63.40 billion for the quarter ended Sept. 30, 2014 from Rs 94.82 billion in the year ago period.
Shares of the company are trading at Rs 241.85, down Rs 5.05, or 2.05% at the Bombay Stock Exchange (BSE) on Friday at 1:08 p.m. The scrip has touched an intra-day high of Rs 248.70 and low of Rs 236.25. The total volume of shares traded at the BSE is 722,619.