Shares of Bharat Heavy Electricals Limited (BHEL) rose 3.5% after receiving a Letter of Intent for the BF800 HVDC project from Rajasthan Part I Power Transmission. Additionally, BHEL secured an Rs 8,000 crore order from Maharashtra State Power Generation for a thermal power station project. BHEL’s shares have offered 264.17% returns over the last three years.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs