NCL Industries and BHEL Share Prices Hikes 9% and 2% Respectively on Tuesday

The share price of NCL Industries increased around 9% in the morning trade on Tuesday as the firm reported a giant sales & dispatch data for this quarter ended Sept 2018. While The share prices of Bharat Heavy Electricals (BHEL) added 2% intraday Tuesday after it bagged the orders worth INR 2,900 crore approx.

Bharat Heavy Electricals (BHEL):

The company has won giant 4 orders for the emission control equipment from NTPC which is valued around INR 2,900 crore. These orders comprise the supply & installation of flue gas desulphurization systems for the control of Sox emission at NTPC. The four projects of NTPC are 3×660 MW North Karanpura, 2×660 MW Barh Stage-II power, 3×660 MW Barh Stage-I and 2×500 MW Mauda Stage-I.

At 04:00 PM, October 9, 2018, the share price was quoting at INR 70.10 up INR 0.65 or 0.94%.

NCL Industries:

The company’s cement production has risen by around 32% to 4.88 Lac MT within the quarter ended in September 2018 compared to previous one. And Cement dispatches increased by 31% from 3.72 Lac MT to 4.88 Lac MT.

At 03:54 PM, October 9, 2018, the share price was quoting INR 132.35 or up INR 10.80 or 8.89%.

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