Bharat Heavy Electricals (BHEL), an integrated power plant equipment manufacturer, witnessed a rise in share price on Wednesday after it has successfully indigenously developed, manufactured and commissioned India's first phase shifting transformer (PST) Kothagudem Thermal Power Station (KTPS) stage-VI in Telangana.

Reposing faith in BHEL's capability to successfully introduce new technology products, Telangana State Power Generation Corporation (TSPGCL, erstwhile APGENCO) had placed an order on BHEL for the country's first phase shifting transformer (PST).

Shares of the company are trading at Rs 280.35, up Rs 8.85, or 3.26% at the Bombay Stock Exchange (BSE) on Wednesday at 12:28 p.m.

The scrip has touched an intra-day high of Rs 282.90 and low of Rs 272.30. The total volume of shares traded at the BSE is 378,015.