Rupee to Help Bharat Heavy Beat Chinese Rivals

Rupee to Help Bharat Heavy Beat Chinese Rivals

Abhijit Bhatlekar/Bloomberg News

A driver and his assistant operate an AC/DC locomotive train engine manufactured by Bharat Heavy Electricals Ltd. on the outskirts of Mumbai. Shares of BHEL have slumped 44 percent in the past year, compared with a 10 percent drop in the benchmark Sensitive Index, as Chinese suppliers expanded their market share in India while a shortage of coal stalled some projects.