Bharat Heavy Electricals and Kawasaki will make rolling stock for the bullet train from Ahmedabad to Mumbai, reported a leading business channel on Thursday.
The stock of Bharat Heavy Electricals (BHEL) soared over 7% during Thursday’s trade on the BSE. It witnessed a spurt in volume by more than 3.35 times.
BHEL was trading at Rs 142.14 per share, up by Rs 9.60 or 7.24% as at 1051 hours on Thursday, on the BSE. The stock attracted a traded volume of 1,32,44,896 shares and traded value of Rs 18,448.82 lakh on the NSE.
Prime Minister Narendra Modi and Japanese PM Abe laid the foundation stone for Rs 1.1 lakh crore bullet train project on Thursday.
Railways Minister Piyush Goyal said that PM Modi wants the train to start a year ahead of schedule, on August 15, 2022, when India completes 75 years of Independence.
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