Bharat Heavy Electricals Ltd (BHEL)

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.

Bharat Heavy Electricals Ltd Receives Mixed Signals - 19 Apr, 2024

While FII/FPI increased their stake in the company, Kotak Institutional Equities gave a Sell rating with a fair value target of Rs 70, implying a 72% potential downside. The company's Q3FY24 revenue grew by 4.57%, but profits fell from Rs. 42 Crores to a loss of Rs. 149 Crores.

Bharat Heavy Electricals Ltd's P/S ratio higher than industry average - 15 Apr, 2024

BHEL has a P/S ratio of 3.8x, higher than the industry average of 3.2x due to expected future revenue growth of 26% each year for the next three years. Investors are willing to pay more for the stock.

Bharat Heavy Electricals Ltd's Q3FY24 Revenue Grows by 4.57% - 14 Apr, 2024

Bharat Heavy Electricals Limited (BHEL) reported a revenue growth of 4.57% in Q3FY24, with profits declining from Rs. 42 Crores to a loss of Rs. 149 Crores. FII/FPI increased their stake in BHEL from 7.04% to 8.76%.

Union Cabinet Approves Joint Venture Projects for Coal Gasification - 11 Apr, 2024

The Union Cabinet has approved two joint venture projects for coal gasification between Coal India and GAIL, and Coal India and BHEL. The scheme aims to promote coal/lignite gasification projects by state-run and private-sector companies with an outlay of Rs 8,500 crore. Both projects are expected to be operationalized by 2028-29.

BHEL Receives Orders Worth Rs. 34,000 Crore - 29 Mar, 2024

Bharat Heavy Electricals Ltd has received orders worth around Rs. 34,000 crore from various companies since January 2024. The company's share prices have increased by 4.3 percent on BSE to Rs. 253.35 in the trading session of Thursday. In terms of financials, the company's revenue from operations increased by 7.4 percent from Q2 FY23-24 to Q3 FY23-24.

BHEL Secures Orders Worth Over Rs 4,300 Crore - 28 Mar, 2024

Bharat Heavy Electricals Limited (BHEL) has secured orders worth over Rs 4,300 crore, including a Rs 4,000 crore order from Adani Power and a Rs 385.58 crore order from Astra Microwave Products.

Anand Rathi Recommends Buy Coverage for Bharat Heavy Electricals Ltd - 27 Mar, 2024

Anand Rathi Shares & Stock Brokers recommends a buy coverage for Bharat Heavy Electricals Ltd, citing factors such as self-reliance in defence, robust pipeline and focus on exports by the government, strong order inflow, healthy profitability, and return indicators. The target price is set at Rs 250.