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.
Dow suffers worst week in nearly a year as oil spikes 12% and weak jobs data adds to anxiety
Wall Street’s major indexes fell on Friday as weak US jobs data and a sharp rise in oil prices heightened concerns about the economic outlook.