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Strategic sourcing and value engineering in production have helped Bharat Heavy Electricals Ltd's (BHEL) boiler auxiliaries division at Ranipet near Chennai to cut cost substantially and increase profit.

Bharat Heavy Electricals Ltd (BHEL), a major producer of power equipment and industrial goods, is learning the technology to supply super critical boilers on its own without any outside support, a company official said.

Power equipment maker Bharat Heavy Electricals (BHEL) will invest Rs.690 crore to set up a new piping plant at Thirumayam in the state and expand its boiler division in Tiruchirappalli (Tamil Nadu).

BHEL Small and Medium Industries Association (BHELSIA) has organized a loan mela (fair) to encourage small and medium enterprises (SMEs) in Tiruchirapalli to buy gensets, plagued as they are by long power cuts.

Bharat Heavy Electricals Ltd (BHEL), the nation's biggest power hardware producer, today posted a 60 percent hop in net benefit for the quarter finished September on the back of enhanced request stream in the power and industry fragments.

The market remained strong in morning trade with the Sensex surging 281.73 points or 1.07 percent to 26528.52 and the Nifty climbing 84.10 points or 1.07 percent to 7926.80 supported by broadbased buying. Market expert Ambareesh Baliga sees 7,800-7,750 as good support level for the Nifty. In an interview with CNBC-TV18, he said Nifty is unlikely to go much beyond 8,000 levels. He remains positive on cyclicals and expects them to become more attractive post any market correction. According to Baliga, the next leg of market rally will be led by cyclicals. The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 1.4 percent each. Advancing shares outnumbered declining ones by a ratio of 1544 to 380 on the Bombay Stock Exchange. The BSE Capital Goods, Realty, Metal, Banks, Healthcare, Power and Oil & Gas indices gained 1-1.7 percent. Hindalco and BHEL kept their top positions in the buying list, up 4.8 percent and 3.5 percent, respectively. Dr Reddy's Labs, Cipla, HDFC, Bank of Baroda, Ambuja Cements and PNB surged 2-2.6 percent. However, NTPC and Bajaj Auto were only losers in the Sensex 30 stocks.

TCS, ITC, Lupin, Reliance and Infosys are top gainers. Among the losers are BHEL, NTPC, Axis Bank, Hero and SBI are losers in the Sensex. Today Stock Market Tips | Intraday Tips Today Sell ​​target stoploss of Rs 335 and Rs 351, Bharti Airtel Buy Glenmark goal stoploss of Rs 1165 to Rs 1095

Markets reached a new intraday high level....Check out major stock buzz on the latest updates of the companies: BHEL, Indiabulls, DHFL, ZEEL among others: