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Bharat Heavy Electricals Ltd (BHEL)

₹305.650.28%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Bharat Heavy Electricals Ltd share Performance

  • ₹302.4
    ₹310.2
    ₹305.65
    downward going graph

    1.06%

    Low

    Day's Volatility:2.55%

    High

    1.49%

    downward going graph
  • ₹77.25
    ₹322.5
    ₹305.65
    downward going graph

    74.73%

    Low

    52 Weeks Volatility:80.24%

    High

    5.51%

    downward going graph
1 Month Return+ 12.54 %
3 Month Return+ 34.03 %
1 Year Return+ 273.2 %
Previous Close₹304.80
Open₹304.80
Volume2.27Cr
Upper Circuit-
Lower Circuit-
Market Cap₹1,06,133.29Cr

Analyst Rating

based on 17 analysts

HOLD
27.78%
Buy
16.67%
Hold
55.56%
Sell

Based on 17 analysts offering long term price targets for Bharat Heavy Electricals Ltd. An average target of ₹168

Source: S&P Global Market Intelligence

Company Information

Bharat Heavy Electricals Ltd (BHEL) is a leading engineering and manufacturing company in India, founded in 1964. BHEL is the largest engineering and manufacturing enterprise in India in the energy-related/infrastructure sector, today. It has been ranked as the largest engineering and manufacturing company in India by the prestigious Fortune India 500 list for 2020.

BHEL is engaged in the design, engineering, manufacture, construction, testing, commissioning and servicing of a wide range of products, systems and services for the core sectors of the economy, viz. Power, Transmission, Industry, Transportation, Renewable energy, Oil & Gas and Defence. Its core operations include power generation, transmission and distribution, oil & gas, nuclear and defence, industrial systems, transportation systems, renewable energy, electrical and electronic products and services.

The company's top products include turbines, boilers, generators, switchgears, transformers, capacitors, motors and pumps. Its popular brands are BHEL, Bharat Forge, Bharat Pumps and Compressors, Bharat Heavy Plates and Vessels, and Bharat Renewable Energy.

Share Price: ₹305.65 per share as on 24 May, 2024 04:01 PM
Market Capitalisation: ₹1,06,133.29Cr as of today
Revenue: ₹7,883.88Cr as on March 2024 (Q1 24)
Net Profit: ₹489.62Cr as on March 2024 (Q1 24)
Listing date: 03 Nov, 1994
Chairperson Name: Koppu Sadashiv Murthy
OrganisationBharat Heavy Electricals Ltd
Headquarters
IndustryCapital Goods - Electrical Equipment
E-voting on sharesClick here to vote

Key events for Bharat Heavy Electricals Ltd

  • BHEL Shares Tumble After Decline in Q4 Net Profit - 23 May, 2024

    Shares of Bharat Heavy Electricals Ltd (BHEL) fell by nearly 8% following the company's report of a more than 25% decline in consolidated net profit in the March quarter. Analysts have provided both bullish and bearish arguments regarding the future growth prospects of the company.

  • BHEL Shares Fall After Disappointing Q4 Results - 22 May, 2024

    Bharat Heavy Electricals Ltd (BHEL) shares fall after disappointing Q4 results, with net profit falling by 26% YoY to Rs 489.6 crore and revenue rising marginally by 0.4% YoY to Rs 8,260.3 crore. Morgan Stanley and CLSA recommend sell rating on BHEL. However, investors may be anticipating a better outlook due to an expanding order book.

  • BHEL Reports Decline in Q4 Net Profit - 21 May, 2024

    State-owned engineering firm Bharat Heavy Electricals (BHEL) reported a consolidated net profit of Rs 484.36 crore for the January-March quarter, a 24.9% drop compared to last year. The company board recommended a dividend of Rs 12.50 on the paid-up share capital of the company for FY24.

  • Kunal Bothra Recommends BHEL as a Stock to Watch - 19 May, 2024

    Technical analyst Kunal Bothra recommends Bharat Heavy Electricals Ltd (BHEL) as a stock to watch, with a target of 330 and stop loss at 270. The stock has already undergone a V-shaped recovery in the past few years.

  • BHEL Inaugurates New Machine; Likely to Replace LTI Mindtree in Nifty Rejig - 17 May, 2024

    Bharat Heavy Electricals Ltd (BHEL) has inaugurated a new machine for accurate machining of forgings and high precision jobs. Analysts predict that BHEL and Trent will replace LTI Mindtree and Divi's in the September 2024 Nifty rejig, with expected inflows of $361 million and $429 million respectively.

  • Bharat Heavy Electricals Honoured by POWERGRID for Early Commissioning of Substations - 16 May, 2024

    Bharat Heavy Electricals Limited has been felicitated by POWERGRID for commissioning three critical substations ahead of schedule under the Neemuch REZ TBCB project. The early commissioning is a testament to BHEL's technical expertise and dedication to providing high-quality infrastructure solutions.

  • BHEL Stock Expected to Start Fresh Upmove - 14 May, 2024

    Bharat Heavy Electricals Ltd (BHEL) stock is expected to start a fresh leg of upmove after correcting towards the 20-day moving average and retesting the previous breakout level of Rs 275. Stock market expert Dr Ravi Singh recommends buying BHEL shares at Rs 280 with a target of Rs 310 and stop loss at Rs 265.

  • BHEL Shares Unloaded by Operators Amidst Power Sector Capex Story - 08 May, 2024

    Operators are selling BHEL shares after the stock was pumped up on a story about massive capex in the power sector. Domestic mutual funds were bullish but trimmed exposure during Q1.

  • BHEL Stock Falls Despite Bullish Investor Sentiment - 06 May, 2024

    Shares of Bharat Heavy Electricals Ltd (BHEL) fell 8% to Rs 281.05 on May 6, 2024, despite trading higher than the moving averages and being in the overbought zone with an RSI of 81.3.

  • BHEL Stock Hits Fresh Highs on Strategic Partnership Agreement - 03 May, 2024

    Bharat Heavy Electricals Ltd (BHEL) shares hit their highest level since March 2012, rallying 13% in two days after announcing a strategic partnership agreement for railway signalling business with HIMA Middle East FZE, Dubai. Brokerage Nuvama expects AMFI to include BHEL in largecap category.

  • BHEL Stock Jumps on Strategic Partnership Agreement - 02 May, 2024

    Shares of Bharat Heavy Electricals Ltd. (BHEL) surged by as much as 7% after the company announced its strategic partnership agreement with HIMA Middle East FZE, Dubai for railway signalling business. The deal is expected to enhance BHEL's product portfolio in various domains and cater to Indian Railways' requirements. With a healthy order book of around Rs 1.09 trillion, BHEL is focusing on non-coal business orders such as railways, defence, nuclear, emission control, transmission, and rural electrification segments.

  • BHEL Forms Strategic Partnership for Railway Signalling Business - 01 May, 2024

    Bharat Heavy Electricals Ltd (BHEL) has entered into a strategic partnership agreement with HIMA Middle East FZE to enhance its offerings to Indian Railways in the railway signalling business. BHEL's shares are trading up by 1.53% at Rs 281.15.

  • BHEL Gains on Railway Signalling Pact and Potential Largecap Inclusion - 30 Apr, 2024

    Bharat Heavy Electricals Ltd (BHEL) gained on news of a strategic partnership agreement with HIMA Middle East FZE for railway signalling business, as well as the possibility of being included in the largecap category by AMFI in June. The company has also reported strong order inflows.

  • BHEL Stock Hits 52-Week High, Rises 254% in a Year - 29 Apr, 2024

    Shares of Bharat Heavy Electricals Ltd (BHEL) hit their 52-week high at Rs 283.40 on BSE today, rising 254% in a year and gaining 427% in two years. Despite Kotak Securities' Sell rating with a fair value target of Rs 70, Antique Stock Broking revised upward its share price target while maintaining its buy rating on the stock, expecting BHEL's order book to rise to an all-time high of Rs 2 lakh crore and earnings to grow exponentially over the next three years.

  • BHEL Board Approves New CFO Appointment - 26 Apr, 2024

    Bharat Heavy Electricals Ltd's board has approved the appointment of Koppu Sadashiv Murthy as CFO. The stock has been on a bullish trend since June 2022, with a potential target price of Rs 326 and stop-loss at Rs 249.

  • Bharat Heavy Electricals Ltd sees increase in FII/FPI holding and revenue growth - 24 Apr, 2024

    Foreign institutional investors increased their stake in Bharat Heavy Electricals Limited by 1.72% in Q4FY24, taking their total holding to 8.76%. The company's revenue from operations also grew by 4.57% during the same period. However, profits declined from Rs. 42 Crores to a loss of Rs. 149 Crores.

Fundamentals of Bharat Heavy Electricals Ltd

Insights on Bharat Heavy Electricals Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, BHEL has outperformed top 5 stocks with highest market-cap in Heavy Electrical Equipment

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 4 quarters, -343.89 Cr → 489.62 Cr (in ₹), with an average increase of 209.0% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 5.13K Cr → 8.43K Cr (in ₹), with an average increase of 14.1% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, BHEL stock has moved up by 34.0%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 7.04% to 8.75% in Mar 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 63.17% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, CG Power & Industrial Solutions Ltd has given 641.4% return, outperforming this stock by 331.1%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 6.27% to 5.75% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 12.21% to 12.06% in Mar 2024 quarter

Bharat Heavy Electricals Ltd Valuation

Bharat Heavy Electricals Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-15.22x)

October 13, 2021

Industry (168.01x)

May 24, 2024

Today (679.22x)

May 24, 2024

Highest (709.33x)

May 21, 2024

LowHigh

Mutual Fund Holdings

Funds Holdings
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan1.4%
Quant Mid Cap Fund Growth Option Direct PlanQuant Mid Cap Fund Growth Option Direct Plan4.58%
Quant Active Fund Growth Option Direct PlanQuant Active Fund Growth Option Direct Plan3.16%
HSBC Midcap Fund Direct Plan GrowthHSBC Midcap Fund Direct Plan Growth2.32%
Kotak Equity Arbitrage Fund Direct GrowthKotak Equity Arbitrage Fund Direct Growth0.47%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
63.17%
0.00
Foreign Institutions
8.75%
0.00
Mutual Funds
5.75%
0.00
Retail Investors
12.06%
0.00
Others
10.27%
0.00

Technicals of Bharat Heavy Electricals Ltd share

News & Events of Bharat Heavy Electricals Ltd

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Bharat Heavy Electricals Ltd (BHEL) share price today is ₹305.65

Bharat Heavy Electricals Ltd is listed on NSE

Bharat Heavy Electricals Ltd is listed on BSE

  • Today’s highest price of Bharat Heavy Electricals Ltd is ₹310.2.
  • Today’s lowest price of Bharat Heavy Electricals Ltd is ₹302.4.

PE Ratio of Bharat Heavy Electricals Ltd is 679.22

PE ratio = Bharat Heavy Electricals Ltd Market price per share / Bharat Heavy Electricals Ltd Earnings per share

Today’s traded volume of Bharat Heavy Electricals Ltd(BHEL) is 2.27Cr.

Today’s market capitalisation of Bharat Heavy Electricals Ltd(BHEL) is ₹106133.29Cr.

Bharat Heavy Electricals Ltd(BHELPrice
52 Week High
₹322.5
52 Week Low
₹77.25

Bharat Heavy Electricals Ltd(BHEL) share price is ₹305.65. It is down -5.22% from its 52 Week High price of ₹322.5

Bharat Heavy Electricals Ltd(BHEL) share price is ₹305.65. It is up 295.66% from its 52 Week Low price of ₹77.25

Bharat Heavy Electricals Ltd(BHELReturns
1 Day Returns
0.85%
1 Month Returns
12.54%
3 Month Returns
34.03%
1 Year Returns
273.2%