In morning trades, Bharat Heavy Electricals (BHEL) decline 3.4% to Rs 1,549 on the Nifty. It has touched an intraday high of Rs 1,599.90 and an intraday low of Rs 1,541.
The company signed up MoU for 1000 MW Sudan Project.
It is trading with total volumes of 159,935 shares. Yesterday the share lost 4.99% or Rs 84.30 at Rs 1,603.60.
At its meeting held Aug. 14, 2007, the board directors of Akar Tools have sanctioned a dividend of 15% or Rs 1.50 a share of Rs 10 each for the fiscal 2006-07.
Akar Tools declared a fantastic jump in its quarterly net profit for June 2007. The company’s income boosted 2.18 times, to Rs 9.09 million, from Rs 4.17 million in the same period of the last year.