Meanwhile, the BSE Sensex was up 177.17 points or 1.11% to 16,125.27.

On BSE, 7.05 lakh shares were traded in the counter as against average daily volume of 8.90 lakh shares in the past one quarter.

The stock hit a high of Rs 211.80 and a low of Rs 205.65 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 414.88 on 4 July 2011.

The stock had underperformed the market over the past one month till 23 May 2012, falling 11.43% compared with the Sensex's 6.72% fall. The scrip had also underperformed the market in past one quarter, tumbling 33.07% as against Sensex's 11.78% decline.

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) book-to-bill (BTB) ratio stood at 2.7 as on 31 March 2012.

Bhel's net profit rose 20.8% to Rs 3379.81 crore on 7.5% growth in net sales to Rs 19259.54 crore in Q4 March 2012 over Q4 March 2011. Net profit rose 17.1% to Rs 7039.96 crore on 13.6% growth in net sales to Rs 47227.86 crore in the year ended 31 March 2012 over the year ended 31 March 2011. Consolidated net profit rose 17.1% to Rs 7087.44 crore on 13.7% growth in net sales to Rs 47598.95 crore in the year ended 31 March 2012 over the year ended 31 March 2011. The company announced the results during trading hours on Wednesday, 23 May 2012. The stock had risen 0.1% to settle at Rs 208.80 on Wednesday, 23 May 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.