Bharat Heavy Electricals Ltd

Mid Cap

Electric Sector

reflects a positive outlook for the share price

reflects a neutral outlook for the share price

reflects a negative outlook for the share price

The analysts information is for reference only and does not\n  represents an investment recommendation.

Analyst recommendation reflect the views of analysts who follow and write research reports.

Company Information is an introduction to the company’s business that details what it sell, how it was founded, what their mission is, how they manufacture or source their products, and why they serve customers.

BHEL has signed a Technology Collaboration Agreement with E2S Company to enhance its excitation systems capabilities. JM Financial maintains a Buy rating with a target price of Rs 345, citing a strong order book. Following the announcement, BHEL shares rose by 5%.

BHEL Secures Technology Agreement, Shares Rise - 09 Apr, 2026

BHEL has been announced as the lowest bidder for a ₹10,300 crore package related to the expansion of the Odisha Genco thermal power station, enhancing its order book in the power equipment sector.

BHEL Wins Bid for Odisha Power Project - 08 Apr, 2026

Bharat Heavy Electricals Limited is actively supporting India's nuclear program by manufacturing a 700 MWe steam generator, developing advanced reactors, and executing turbine systems for various projects.

BHEL Advances India's Nuclear Energy Initiatives - 07 Apr, 2026

BHEL's strong order book and government support for nuclear energy projects bolster its outlook. JM Financial maintains a Buy rating, despite anticipated revenue shortfalls due to gas shortages.

BHEL Maintains Positive Outlook Amid Gas Supply Concerns - 03 Apr, 2026

BHEL's credit rating outlook has been upgraded to Positive by India Ratings, reaffirming its long-term rating. Additionally, the company secured a five-year extension to buy 21 items from land border countries.

BHEL Receives Positive Credit Outlook and Extension - 31 Mar, 2026

Bharat Heavy Electricals Ltd has received a Rs 13,500 crore order from NTPC for a power project. Despite this, shares fell 1.5%. Motilal Oswal maintains a Buy rating.

BHEL Secures Major Order Amid Mixed Market Reaction - 30 Mar, 2026

An analyst has issued a buy recommendation for Bharat Heavy Electricals Ltd (BHEL), targeting Rs 280, supported by bullish technical indicators. Additionally, the government has authorized BHEL to procure critical equipment from China, easing previous restrictions.

Analyst Bullish on BHEL Amid Equipment Procurement - 27 Mar, 2026

BHEL's Tiruchi Complex appoints K. Ashok as Executive Director. Additionally, a joint venture plans to establish an ammonium nitrate plant by FY2029-30.

BHEL Announces New Executive Director and Project Plans - 24 Mar, 2026

BHEL's board approved a ₹3,064 crore investment in Bharat Coal Gasification and Chemicals Limited and plans a JV with Titagarh Rail Systems. The company reported a significant increase in Q3FY26 net profit and announced leadership changes.

BHEL Approves Major Investments and Leadership Changes - 19 Mar, 2026

BHEL's ancillary units are struggling with raw material shortages, particularly industrial gases, while the company benefits from heightened political focus on energy security and domestic power generation investments.

BHEL Faces Supply Challenges Amid Energy Security Focus - 12 Mar, 2026

Price to Earnings Ratio or Price to Earnings Multiple is the ratio of the share price of a stock to its earnings per share (EPS). It provides an indication of whether a stock at its current market price is expensive or cheap.

The price/earnings-to-growth ratio, or the PEG ratio, is a metric that helps investors value a stock by taking into account a company's market price, its earnings, and its future growth prospects.

Enterprise value (EV) is the total value of a company, defined in terms of its financing. It includes both the current share price (market capitalization) and the cost to pay off debt (net debt, or debt minus cash).

Alpha measures the amount that the investment has returned in comparison to the market index or other broad benchmark that it is compared against.

Beta measures a stock's volatility, the degree to which its price fluctuates in relation to the overall stock market. In other words, it gives a sense of the stock's risk compared to that of the greater market.

Dividend yield measures the quantum of earnings by way of total dividends that investors make by investing in that company.

The debt-to-total-assets ratio shows how much of a business is owned by creditors (people it has borrowed money from) compared with how much of the company's assets are owned by shareholders.

Operating cash flow (OCF) is a measure of the amount of cash generated by a company's normal business operations. Operating cash flow indicates whether a company can generate sufficient positive cash flow to maintain and grow its operations.

This widget shows the information about the stock's peers in consideration along with the different data for those peers so that the user can compare the stock with the other similar stock and invest accordingly.

Promoter holding is the amount of share of the company that is owned by the promoters. The promoters are the company's founders, who hold a majority stake in the company's capital.

A foreign institutional investor (FII) is an investor or investment fund investing in a country outside of the one in which it is registered or headquartered.

A mutual fund is a pool of money managed by a professional Fund Manager. It is a trust that collects money from a number of investors who share a common investment objective and invests the same in equities, bonds, money market instruments, and other securities.

Retail investors execute their trades through traditional or online brokerage firms or other types of investment accounts. Retail investors purchase securities for their own personal accounts and often trade in dramatically smaller amounts as compared to institutional investors.

This widget shows the bifurcation of stocks based on the percentage of stake with the different types of shareholders.

This widget will help value the stock based on the Price to Earning ratio of the stock and compare the valuation with the industry value and other similar stocks. It even shows the timeline of the valuation of the stock and its highest and lowest valuation over time.
A Time Series data is provided which compares the historical stock PE with Industry PE over the period of 5 years.

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

Mutual Funds have increased holdings from 7.64% to 8.84% in Dec 2025 quarter

This section gives you an insight into how the Mutual Funds Holding has changed for the stock over last few quarters.

MF Holding Up

Revenue is up for the last 3 quarters, 5.67K Cr → 8.70K Cr (in ₹), with an average increase of 19.0% per quarter

This section gives you an insight into how the revenue of the company has moved for the last few quarters.

Revenue Rich

In the last 6 months, BHEL stock has moved up by 11.2%

This section gives you an insight into the price movement of the stock for the last few quarters.

Price Rise

Foreign Institutions have increased holdings from 6.23% to 6.29% in Dec 2025 quarter

This section gives you an insight into how the FII Holding has changed for the stock over last few quarters.

FII Holding Up

Netprofit is up for the last 3 quarters, -455.5 Cr → 390.4 Cr (in ₹), with an average increase of 112.7% per quarter

This section gives you an insight into how the profit for the company has been for the last few quarters.

Profit Spike

Promoters holdings remained unchanged at 63.17% of holdings in Dec 2025 quarter

This section gives you an insight into how the Promoter Holding has changed for the stock over the last few quarters.

Promoter Holding Unchanged

In the last 1 year, Hitachi Energy India Ltd has given 128.3% return, outperforming this stock by 102.8%

This section gives you an insight into how the peers have performed as compared to this company in the last 1 year.

Against Peers

In the last 3 years, Hitachi Energy India Ltd has given 719.7% return, outperforming this stock by 447.0%

This section gives you an insight into how the peers have performed as compared to this company in the last 3 years.

Retail Investor have decreased holdings from 11.93% to 10.77% in Dec 2025 quarter

This section gives you an insight into how the Retail Investors Holding has changed for the stock over last few quarters.

Retail Holding Down

Nifty Energy

S&P BSE CPSE

BSE 200

S&P BSE 150 MidCap

Nifty Midcap Sel

Nifty Midcap 50

Nifty 500

Nifty MidSmallcap 400

S&P BSE MidCap Select

S&P BSE POWER

S&P BSE Capital Goods

Nifty PSE

S&P BSE 250 LargeMidCap

BSE 500

Nifty LargeMidcap 250

S&P BSE PSU

Nifty 200

Nifty Midcap 100

S&P BSE Indus.

Nifty Midcap 150

S&P BSE 400 MidSmallCap

SBI Midcap Fund Direct Growth

Nippon India Small Cap Fund - Direct Plan - Growth Plan

Nippon India Growth Mid Cap Fund - Direct Plan - Growth Mid Cap

Mirae Asset Large & Midcap Fund Direct Plan Growth

Kotak Arbitrage Fund Direct Growth

Bharat Heavy Electricals Ltd’s net profit jumped 189.83% since last year same period to ₹390.40Cr in the Q3 2025-2026. On a quarterly growth basis, Bharat Heavy Electricals Ltd has generated 4.14% jump in its net profits since last 3-months.

Bharat Heavy Electricals Ltd Earnings Results

In the quarter ending March 2025, Bharat Heavy Electricals Ltd has declared dividend of ₹0.50 per share on 16 May 2025 - translating a dividend yield of 0.28%.

Name	Value	Action
MACD level (12,26)	0.05	Bearish
CCI (20)	-552.29	Bullish
RSI (14)	48.8	Neutral
Momentum (10)	-0.49	Bullish
ADI (14)	21.34	Neutral
Ultimate Oscillator (7,14,28)	74.07	Bullish

Name	Value	Action
SMA (20)	277.39	Bearish
EMA (20)	277.25	Bearish
VWMA (20)	277.34	Bearish
SMA (50)	277.05	Bullish
EMA (50)	277.05	Bullish
SMA (200)	277.8	Bearish
EMA (200)	276.83	Bullish
KAMA (200)	276.92	Bullish
DEMA (200)	277.93	Bearish

Bharat Heavy Electricals Ltd (BHEL)

Summary

Overall

Oscillators

Moving Averages