BHEL signs MoU with ARAI for e-mobility projects
Bharat Heavy Electricals Limited (BHEL) and Automotive Research Association of India (ARAI), an autonomous body affiliated to the Ministry of Heavy Industries and Public Enterprises have signed an MoU for cooperation on various projects related to e-mobility. In the presence of Dr. A.R. Sihag, Secretary, Department of Heavy Industry (DHI), the MoU was signed by Smt. Rashmi Urdhwareshe, Director, ARAI and Smt. Renuka Gera, GM-I/c (ESSG), BHEL. Shri Atul Sobti, Chairman & Managing Director, BHEL and other senior officials of DHI, ARAI and BHEL were present on this occasion.
BHEL’s unique strength as technology developer and implementer and ARAI’s advanced facilities and expertise in design, testing and certification of mobility products, will generate synergies in implementing solutions for Electric & Trolley Bus, EV Chargers, Battery & Charger testing, etc.
Shares of BHARAT HEAVY ELECTRICALS LTD. was last trading in BSE at Rs.70.75 as compared to the previous close of Rs. 71.25. The total number of shares traded during the day was 2257767 in over 3838 trades.
The stock hit an intraday high of Rs. 72.25 and intraday low of 69.45. The net turnover during the day was Rs. 160844219.
Source: Equity Bulls
