Defence stocks are rising again. Is BHEL a good buy after recent order wins?
2 days, 13 hours ago

Defence stocks are rising again. Is BHEL a good buy after recent order wins?

India Today  

Defence stocks have been on the rise after a long period of slowdown. Since defence stocks are gaining momentum, brokerage firm Antique Broking said it wouldn’t be a bad idea to add the stock at its current valuation. "We believe that the defence space will meaningfully add to BHEL’s order book over the next few years," Antique Stock Broking said. We maintain BUY on the stock with a target price of Rs 300, based on a PE of 26 times FY27," Antique Stock Broking said. “We expect a cumulative order inflow of Rs 3 lakh crore over FY24–27E, which coupled with the accelerated execution of the existing order book of Rs 1.7 lakh crore, should significantly improve BHEL’s operational performance leading to a likely 149 per cent earnings CAGR over FY24–27E," it said.

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History of this topic

Defence Stock BEL rises 13% in March 2025: Should you Buy, Sell or Hold?
2 weeks, 5 days ago

Defence Stock BEL rises 13% in March 2025: Should you Buy, Sell or Hold?

Live Mint  

Stock Market Today; Defence Stock Bharat Electronics Ltd has risen 13% in March 2025 despite volatile markets. The Bharat electronics share price that had dipped to recent closing lows of ₹246.40 on the BSE on 28 February '2025 with regular correction seen in markets as a whole, however has rebounded sharply and is up almost 13% since then despite volatile …

Govt weighs ‘strategic’ PSU tag for BHEL
2 months, 1 week ago

Govt weighs ‘strategic’ PSU tag for BHEL

Live Mint  

NEW DELHI : State-run Bharat Heavy Electricals Ltd may no longer be a potential divestment target as the government considers categorizing the maker of rail coaches to power generation equipment as a “strategic" public sector unit, according to two people close to the development. “Now that a parliamentary committee has also recommended the tag of strategic PSU for the company, …

Defence stocks to buy: Bharat Electronics, HAL, Solar Industries, BDL among top stock picks by Phillip Capital
3 months ago

Defence stocks to buy: Bharat Electronics, HAL, Solar Industries, BDL among top stock picks by Phillip Capital

Live Mint  

Defence stocks have delivered stellar returns, driven by the government’s focus on boosting domestic manufacturing, a robust order book, and improved financial performance. Phillip Capital has initiated coverage on defence stocks with a ‘Buy’ rating on BEL, HAL and Data Patterns, and a ‘Neutral’ rating on Solar Industries India and Bharat Dynamics. It assigns a P/E of 42x based on …

Stocks to buy for long-term: Axis Bank, BHEL, Maruti Suzuki, Zee, Cyient, among JMFL’s top 12 stock picks for 2025
3 months, 2 weeks ago

Stocks to buy for long-term: Axis Bank, BHEL, Maruti Suzuki, Zee, Cyient, among JMFL’s top 12 stock picks for 2025

Live Mint  

The Indian stock market's benchmark indices, Sensex and Nifty 50, have delivered commendable returns in 2024 despite navigating significant volatility. This list of the stocks to buy include Axis Bank, Nippon Life India Asset Management, Maruti Suzuki India, Samvardhana Motherson International, Ahluwalia Contracts, KPIT Technologies, Zee Entertainment Enterprises, Havells India, Cyient DLM, Metropolis Healthcare, Global Health and Bharat Heavy Electricals …

Defense Stocks: A Mixed Bag of Opportunities and Risks
4 months, 3 weeks ago

Defense Stocks: A Mixed Bag of Opportunities and Risks

Live Mint  

The stock market is experiencing a decline in defense stocks, with several companies seeing their share prices decline up to 42%. However, the prospects for the defense sector remain strong, driven by strong domestic order inflows and rise in export orders. The rising geopolitical stress also keeps defense manufacturers in focus. Despite domestic companies having substantial orders, execution risks persist …

BHEL share price today jumps nearly 9% to hit a 52-week high. Here's why
10 months, 3 weeks ago

BHEL share price today jumps nearly 9% to hit a 52-week high. Here's why

Hindustan Times  

BHEL share price: Shares of Bharat Heavy Electricals rose as much as 9 per cent to hit their fresh 52-week high today. It then jumped 8.7 per cent to hit its fresh 52-week high of ₹318.15 and traded 6.80 per cent higher at ₹312.55 apiece at around 10.15am. BHEL share price has gained since April 30 when the company announced …

Bharat Electronics stock jumps 4% to all-time high on ₹3,915 crore order win
1 year, 3 months ago

Bharat Electronics stock jumps 4% to all-time high on ₹3,915 crore order win

Live Mint  

Shares of Bharat Electronics zoomed 3.6% in early trade on Thursday to hit a new all-time high of ₹161.80 apiece after the company received new orders worth ₹3,915 crore. In an exchange filing on Wednesday, the company said that it received orders worth ₹3,915 crore, which include a ₹580 crore order from the Indian Army for AMC of Radars, and …

BHEL stock gains nearly 4% after Ministry of Defence signs naval contract worth ₹2,956 crore
1 year, 3 months ago

BHEL stock gains nearly 4% after Ministry of Defence signs naval contract worth ₹2,956 crore

Live Mint  

Shares of Bharat Heavy Electricals, a leading engineering and manufacturing company in the energy and infrastructure sectors, gained sharply in Wednesday's trade on multiple positive developments. The Ministry of Defence on Tuesday signed a contract with the company for the procurement of 16 upgraded Super Rapid Gun Mount along with associated equipment and accessories for the Indian Navy under the …

Are BHEL investors overlooking concerns?
1 year, 4 months ago

Are BHEL investors overlooking concerns?

Live Mint  

MUMBAI : The Bharat Heavy Electricals Ltd stock has zoomed 77% so far in 2023. But in the case of BHEL, a robust order inflow outlook mainly for its thermal power segment, is fuelling optimism among investors. As of September end, BHEL’s working capital ballooned to ₹4,382 crore from ₹1,210 crore at March end. 3x800MW NTPC Patratu have back-ended payment …

Why BHEL shares gained 7% today— Explained
1 year, 4 months ago

Why BHEL shares gained 7% today— Explained

Live Mint  

BHEL Share Price Today: Shares of Bharat Heavy Electricals gained seven per cent on Monday, November 13, after the company announced its July-September quarter results for fiscal 2023-24 last week, reporting a net loss of ₹238 crore, compared to a net profit of ₹12.10 crore in the corresponding period last year. The state-owned engineering firm's revenue from operations in the …

Is there any shine in BHEL outlook?
2 years, 4 months ago

Is there any shine in BHEL outlook?

Live Mint  

Investors in state-run Bharat Heavy Electricals Ltd had to digest yet another poor quarterly earnings report. Amid the gloom, the much-awaited Talcher thermal power plant order awarded by NTPC Ltd offered some comfort as it gave BHEL’s order inflow a boost in Q2. The analysts also said that the 2X660 MW Talcher order win should start reflecting in revenues in …

BHEL Reports Rs 552 Crore Consolidated Loss in September Quarter on Lower Revenues
4 years, 4 months ago

BHEL Reports Rs 552 Crore Consolidated Loss in September Quarter on Lower Revenues

News 18  

State-owned engineering firm BHEL on Friday reported a consolidated net loss of Rs 552.38 crore in the September quarter, mainly due to lower revenues. The company had a consolidated net profit of Rs 120.95 crore in the quarter ended on September 30, 2019, according to a BSE filing. Total income declined to Rs 3,793.13 crore in the latest September quarter …

BHEL Loss Widens to Rs 893.14 crore in June Quarter, Lockdown Hits Operations
4 years, 6 months ago

BHEL Loss Widens to Rs 893.14 crore in June Quarter, Lockdown Hits Operations

News 18  

New Delhi: State-run engineering firm BHEL’s consolidated net loss widened to Rs 893.14 crore for the quarter ended June as coronavirus-induced lockdown had an adverse impact on its operations. The consolidated net loss of the company was at Rs 218.93 crore in the quarter ended June 30, 2019, Bharat Heavy Electricals Limited said in a regulatory filing. According to the …

When will investors see light in Bharat Heavy Electricals’ stock?
5 years, 8 months ago

When will investors see light in Bharat Heavy Electricals’ stock?

Live Mint  

When stringent cost-cutting catapulted net profit nearly 50% year-on-year in the March quarter of FY19, a ray of hope appeared for Bharat Heavy Electricals Ltd’s investors. A JM Financial Services Ltd report says that the next round of thermal capex is required only by FY22-23, implying another 24 months of stagnant order flows. Underutilized thermal capacity, with 25 gigawatts stranded …

BHEL Q1 net profit nearly doubles to over Rs155 crore
6 years, 8 months ago

BHEL Q1 net profit nearly doubles to over Rs155 crore

Live Mint  

New Delhi: Power equipment maker BHEL on Wednesday posted about 93% jump in standalone net profit to Rs155.58 crore in the first quarter of current fiscal on higher revenues. Its net profit was Rs80.82 crore in the April-June quarter of last fiscal, 2017-18, the company said in BSE filing. “Concerted efforts resulted in order book to increase by two-and-a-half times …

BHEL Q1 Net Nosedives 82% to Rs 34 crore; Stock Falls 6%
9 years, 7 months ago

BHEL Q1 Net Nosedives 82% to Rs 34 crore; Stock Falls 6%

The Quint  

State-run power equipment maker Bharat Heavy Electricals Ltd reported a 82.48 per cent plunge in standalone net profit at Rs 33.89 crore for the quarter ended June 30, due to lower sales. The PSU firm had reported a net profit of Rs 193.50 crore in the corresponding quarter of the previous fiscal, BHEL said in a regulatory filing. BHEL’s revenue …

BHEL annual profit slides to Rs 3,228 crore
10 years, 11 months ago

BHEL annual profit slides to Rs 3,228 crore

India TV News  

New Delhi: Bharat Heavy Electricals Ltd's net profit more than halved to Rs 3,228 crore in the previous financial year on account of low volumes and challenges in the domestic power sector. The power equipment major had posted a net profit of Rs 6,615 crore in 2012-13, BHEL said on Saturday.The state-owned major's turnover declined to Rs 40,366 crore from …

BHEL annual profit slumps to Rs 3,228 crore
10 years, 11 months ago

BHEL annual profit slumps to Rs 3,228 crore

India TV News  

New Delhi: Bharat Heavy Electricals Ltd's net profit more than halved to Rs 3,228 crore in the previous financial year as the company grappled with tough business conditions. The state-owned company had posted a net profit of Rs 6,615 crore in 2012-13, BHEL said on Saturday.The power equipment maker's turnover declined to Rs 40,366 crore from Rs 50,156 crore in …

BHEL net profit down 8 %
11 years, 11 months ago

BHEL net profit down 8 %

The Hindu  

Bharat Heavy Electricals Limited, on Monday, announced an 8 per cent decline in its net profit at Rs.6,485 crore during 2012-13 and an outstanding payment of Rs.40,000 crore from its customers. BHEL had reported a net profit of Rs.7,040 crore in the 2011-12 fiscal. Announcing this at a press conference here, BHEL Chairman and Managing Director B. P. Rao said …

Why Bhel is trading near its 52-week low of Rs 222
12 years, 10 months ago

Why Bhel is trading near its 52-week low of Rs 222

Firstpost  

The Rajasthan government has scrapped tenders worth Rs 12,000 crore that were bagged by Bharat Heavy Electricals more than a year ago for two separate thermal power projects in the state The Rajasthan government has scrapped tenders worth Rs 12,000 crore that were bagged by Bharat Heavy Electricals more than a year ago for two separate thermal power projects in …

Why you should sell your BHEL shares, now
13 years, 1 month ago

Why you should sell your BHEL shares, now

Firstpost  

Bhel will announce Q3 numbers on Friday and you must get rid of your shares before that happens. For the current financial year ending March 2012, BHEL had offered a guidance of orders worth Rs 6,60,000 crore. Given that L&T has reported a whopping 54 percent fall in orders for the same period and issued no guidance for the next …

Bhel orders dry up due to policy paralysis
13 years, 5 months ago

Bhel orders dry up due to policy paralysis

Live Mint  

New Delhi: The uncertainty over land acquisition and policies, and the poor health of state-owned electricity distribution utilities has resulted in orders drying up for India’s largest power equipment maker— Bharat Heavy Electricals Ltd. The state-owned firm, which has been planning a follow-on public offer of shares, didn’t receive any orders from power firms in the first quarter against orders …

BHEL turnover exceeds Rs. 28,000 crore in 2008-09
16 years, 6 months ago

BHEL turnover exceeds Rs. 28,000 crore in 2008-09

The Hindu  

Keeping pace with the competitive world and bucking the global recessionary trend, Bharat Heavy Electricals Limited on Thursday announced the posting of an all-time high turnover of Rs. While exports as a whole have taken a beating in the country, BHEL’s exports increased by a steep 41 per cent to Rs. 690 crore on research and development programmes in 2008-09, …

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