Bharat Heavy Electricals Ltd

(BHEL)

NTPC-BHEL to Establish Advanced Power Plant in Chhattisgarh - 21 Nov, 2024

NTPC-BHEL plans to set up India's first 800-MW AUSC technology-based power plant in Korba, Chhattisgarh, with an estimated cost of ₹15,000 crore. The project aims to enhance efficiency and reduce emissions, pending feasibility study approval.

BHEL Stock Gains Amid Strong Order Book - 20 Nov, 2024

Bharat Heavy Electricals Limited (BHEL) reported a 3.17% stock gain, outperforming its sector. The company has a robust order book of Rs 1,60,429 crore and a net profit of Rs 96.67 crore, compared to a loss last year.

BHEL Shares Surge After Capital Norm Changes - 19 Nov, 2024

On November 19, 2024, Bharat Heavy Electricals Ltd (BHEL) shares rose 4.3% following the government's revision of capital restructuring norms for state-run companies, enhancing investor confidence.

BHEL Secures EPC Contract for Koderma Power Station - 15 Nov, 2024

Bharat Heavy Electricals Ltd (BHEL) has been awarded an EPC contract by DVC for the Koderma Thermal Power Station phase-II, adding 1,600 MW to its generation capacity. This project aims to meet rising energy demands and support socio-economic development in the region.

BHEL Reports Growth Amid Valuation Concerns - 14 Nov, 2024

BHEL shows strong revenue growth and operational success, but CLSA maintains an Underperform rating due to high valuations despite recent order wins. The stock's future remains uncertain.

BHEL Secures Major NTPC Thermal Power Project - 13 Nov, 2024

Bharat Heavy Electricals Limited (BHEL) has been awarded the Main Plant Package contract for NTPC's 3x800 MW Thermal Power Plant in Telangana, enhancing its order book significantly. Despite a recent stock decline, BHEL has shown impressive year-on-year revenue growth and a strong market presence in India's energy sector.

BHEL Wins Major NTPC Contract for Power Plant - 12 Nov, 2024

Bharat Heavy Electricals Limited has been awarded a significant contract by NTPC for the Telangana Stage-II Supercritical Thermal Power Plant, boosting its order book. Despite a recent stock decline, BHEL's long-term performance remains strong with a 68% return over the past year.

BHEL Part of Vande Bharat Express Manufacturing Contract - 08 Nov, 2024

Bharat Heavy Electricals Limited (BHEL) is part of a consortium awarded a contract to manufacture the new version of the Vande Bharat Express train, alongside Titagarh Rail Systems Limited and Kinet Railway Solution.

BHEL Reports Strong Q2 Results with Profit Surge - 07 Nov, 2024

BHEL reported a consolidated net profit of Rs 106.15 crore in Q2 2024-25, recovering from a loss of Rs 63.01 crore in the same quarter last year. Total income rose to Rs 6,695.37 crore, up from Rs 5,305.38 crore. Support and resistance levels for the stock are noted at Rs 231 and Rs 238, respectively.

Bharat Heavy Electricals Ltd Reports Strong Financial Performance - 06 Nov, 2024

Bharat Heavy Electricals Ltd posted a net profit of Rs 106 crore, reversing a loss from the previous year. The company has a robust order book of Rs 1,35,000 crore and shares have surged over 90% in the past year. Current market capitalization stands at Rs 86,181.07 crore.

BHEL Engaged in Major Joint Venture Projects - 03 Nov, 2024

Bharat Heavy Electricals Ltd (BHEL) is involved in significant joint venture projects with Coal India, GAIL, and SAIL in Odisha and West Bengal, enhancing its operational footprint.

BHEL Receives Positive Outlook Amidst Market Fluctuations - 01 Nov, 2024

Brokerage firm Dalal & Broacha has given a 'BUY' rating for Bharat Heavy Electricals Limited (BHEL), citing a strong order book and potential growth in the power sector. Despite recent declines, BHEL shares have shown significant long-term gains, with a YTD increase of 20.52%. The target price is set at Rs 260.

BHEL Stock Shows Potential for Medium-Term Accumulation - 31 Oct, 2024

Following a healthy correction after a rally, BHEL is viewed as attractive for medium-term accumulation. Traders are advised to buy on declines between Rs 230-220, targeting Rs 295 with a stop-loss at Rs 198.

BHEL Secures Record Orders for Thermal Power Projects - 30 Oct, 2024

BHEL has received orders worth Rs 52,000 crore for 9.6 GW of thermal power projects in FY24, marking its highest ever for coal-based projects. Key wins include significant contracts from Damodar Valley Corporation, Adani Power, and NTPC. The company has secured 10 GW in project orders this fiscal and is actively pursuing another 8 GW, with strong order momentum expected to continue into FY25.

BHEL Reports Strong Q2 Results Amid Market Challenges - 29 Oct, 2024

Bharat Heavy Electricals Limited reported a profit of ₹106 crore in Q2, rebounding from losses. Analysts express mixed sentiments, with CLSA maintaining an Underperform rating due to high valuations. Motilal Oswal remains optimistic about defense orders, projecting revenue growth. Despite recent stock market challenges, BHEL shows operational improvements.

BHEL Reports Strong Q2 Profit, Shares Surge - 28 Oct, 2024

Bharat Heavy Electricals Ltd (BHEL) reported a consolidated net profit of Rs 106 crore for Q2 FY25, a significant turnaround from a loss of Rs 63 crore last year. The positive results led to a 10% surge in share price, reflecting strong revenue growth and improved operational performance.

BHEL Prepares for Q2 Results Amid Stock Decline - 27 Oct, 2024

BHEL is set to announce its Q2 results for FY 2024-25 on October 28, 2024. The company reported a revenue drop to Rs 5,484.92 crore and a net loss of Rs 212.52 crore. Shares declined by 4.51% to Rs 216.95, reflecting a weak performance over the past six months.

BHEL Faces Pressure Amid Falling Power Demand - 24 Oct, 2024

BHEL's share price is declining due to weakening power demand, heavy rainfall boosting hydropower, and rumors of losing a major contract to L&T. Despite a recent uptick in 2024, the stock has dropped 19.1% in the last month, raising concerns about its competitive edge and high valuation.

BHEL Stock Declines After Large Block Deal - 23 Oct, 2024

Bharat Heavy Electricals Ltd (BHEL) shares fell over 3% following a block deal involving 1.8 crore shares at ₹227 each, totaling ₹402 crore. Mutual funds slightly increased their stake, while LIC reduced its holding. BHEL's stock is down 31% from its recent high of ₹335.