The company announced the results during trading hours today, 23 May 2012.

Meanwhile, the BSE Sensex was down 80.73 points or 0.5% to 15,945.68.

On BSE, 12.89 lakh shares were traded in the counter as against average daily volume of 8.85 lakh shares in the past one quarter.

The stock hit a high of Rs 213.60 and a low of Rs 207 so far during the day. The stock had hit a 52-week low of Rs 197.80 on 18 May 2012. The stock had hit a 52-week high of Rs 420.67 on 23 May 2011.

The stock had underperformed the market over the past one month till 22 May 2012, falling 15.22% compared with the Sensex's 7.76% fall. The scrip had also underperformed the market in past one quarter, tumbling 31.96% as against the Sensex's 11.68% fall.

India's largest power equipment maker by sales has an equity capital of Rs 489.52 crore. Face value per share is Rs 2.

Bharat Heavy Electricals' (Bhel) net profit rose 17.11% to Rs 7039.96 crore on 13.81% growth in total income to Rs 49244.44 crore in the year ended 31 March 2012 over the year ended 31 March 2011. Consolidated net profit rose 17.08% to Rs 7087.44 crore on 13.91% growth in total income to Rs 49627.25 crore in the year ended 31 March 2012 over the year ended 31 March 2011.

Bhel's board of directors at a meeting held today, 23 May 2012, recommended final dividend of Rs 3.68 per share for the year ended March 2012.

Bhel is the largest engineering and manufacturing enterprise in India in the energy-related/infrastructure sector. The company caters to the core sectors including power, transmission, industry, transportation, renewable energy, oil & gas and defence.