Shares of Bharat Heavy Electricals Ltd (BHEL) fell as much as `8 per cent to Rs 69.90, their biggest daily fall since September 21
State-run power plant equipment maker's Q2 net profit jumped 60 per cent to Rs 185 crore, but missed analysts' estimates of Rs 236 crore.
The company incurred higher cost towards materials consumed, leading to 3.3 per cent rise in total expenses
More than 4.68 crore shares were traded on the NSE today.
The stock was down about 17.9 per cent this year as of last close