India's BHEL gains on 61 bln rupee order win from NTPC
** Shares of Bharat Heavy Electricals (BHEL) BHEL.NS climb as much as ~3% to 274 rupees, last up 1.7%
** The power and industrial equipments maker got order worth 61 bln rupees (about $731 mln) from NTPC NTPC.NS
** Order for supply of engineering, procurement and construction parts for a thermal power plant
** Analysts' avg rating on stock is "hold", in-line with rating on peers Power Grid Corp PGRD.NS and ABB India ABB.NS - LSEG data
** Median PT on BHEL is at ~23% discount on last close
** Stock up ~40% YTD vs 38% rise in Nifty public sector enterprises index .NIFTYPSE, of which BHEL is a constituent
($1 = 83.4510 Indian rupees)
Reporting by Manvi Pant in Bengaluru
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