Bharat Heavy Electricals (BHEL), an integrated power plant equipment manufacturer, witnessed a rise in share price on Friday after the company announced sung to a loss for the quarter ended September 2015. During the quarter, the company reported a loss of Rs 2,049.00 million compared with a profit of Rs 1,248.40 million in the same quarter previous year.
Revenues for the quarter declined marginally 0.46% to Rs 63,112.30 million, compared with Rs 63,401.40 million for the prior year period.
Shares of Bharat Heavy Electricals are trading at Rs 188.40, down Rs 5.8, or 2.99% at the Bombay Stock Exchange (BSE) on Friday at 2:11 p.m.
Total volume of shares traded on the bourses today was higher by 79.98% to 8,018,422 compared with 22-day average volume of 4,455,117.