{"id":108298,"date":"2023-08-28T13:52:56","date_gmt":"2023-08-28T08:22:56","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=108298"},"modified":"2023-08-28T13:52:58","modified_gmt":"2023-08-28T08:22:58","slug":"2-psu-stocks-jump-more-than-3-5-after-they-receive-fresh-orders-worth-up-to-2242-cr","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/2-psu-stocks-jump-more-than-3-5-after-they-receive-fresh-orders-worth-up-to-2242-cr\/","title":{"rendered":"2 PSU stocks jump more than 3.5% after they receive fresh orders worth up to \u20b9 2,242 Cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3280768760\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Two PSUs (Public Sector Undertaking(s)) are extremely close to their 52 week highs after receiving significant orders over the weekend. Both stocks rose close to 4% and continue to see healthy volumes and momentum &#8211; both of which are surpassing previous session volumes.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4050394140\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/BHEL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Bharat Heavy Electricals Ltd<\/a><\/strong> (\u201cBHEL\u201d) received an order from NHPC Ltd (hydropower PSU) worth Rs. 2,242 crore and is to be executed over the next 5 years. The order is to design, develop, manufacture, supply, erect and commission Electro-Mechanical package involving turbine, generator, digital governing system, static excitation system, transformers, bus reactors, gas insulated switchgear and other switchgear equipment for 12&#215;240 MW Dibang Multipurpose Project in Arunachal Pradesh. The contract will be fulfilled by facilities in Bhopal, Bangalore, Jhansi and Rudrapur; on-site activities will be handled by Eastern Region Division, Kolkata.\u00a0<\/p><p>BHEL stock rose 5% within the first hour of market open today and is currently 3.4% away from its 52 week high. The stock has been on an uptrend since July 2022, trading currently 6.5% above its 20 day moving average and 32.6% above its 200 day moving average. BHEL stock has returned 38% YTD.&nbsp;<\/p><p>As per BSE filing, <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/BEML\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">BEML Ltd<\/a><\/strong> (\u201cBEML\u201d) received a contract for export order from M\/s KAMSS Ltd, Russia, for BEML Dozer BD355 worth USD 19.71 million or Rs. 163 crores. Contract to be executed in different phases in its normal course of business starting from August, 2023, for which purchase order has been received.<\/p><div class=\"trade-content_5\" id=\"trade-3904302649\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>BHEL stock rose 5% within the first hour of market open today and is currently 3% away from its 52 week high. The stock has been on an uptrend since March 2023, trading currently 6% above its 20 day moving average and 44.7% above its 200 day moving average. BEML stock has returned 48% YTD.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sandeep R<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" style=\"object-fit:cover;width:256px;height:256px\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2123121645\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Two PSUs (Public Sector Undertaking(s)) are extremely close to their 52 week highs after receiving significant orders over the weekend. Both stocks rose close to 4% and continue to see healthy volumes and momentum &#8211; both of which are surpassing previous session volumes. Bharat Heavy Electricals Ltd (\u201cBHEL\u201d) received an order from NHPC Ltd (hydropower [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":62638,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[9633,9630,11446,7809,5482,11447,948,936],"class_list":["post-108298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-beml-latest-orders","tag-beml-share-price","tag-bhel-latest-orders","tag-bhel-share-price","tag-psu-stocks-2023","tag-psu-stocks-to-watch","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2 PSU stocks jump more than 3.5% after they receive fresh orders worth up to \u20b9 2,242 Cr - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Two PSUs (Public Sector Undertaking(s)) are extremely close to their 52 week highs after receiving significant orders over the weekend. 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