BHEL

BHEL (BHEL) is a large-cap Capital Goods company valued at ₹1.51 lakh crore operating in Heavy Electrical Equipment on the NSE and BSE.

Recent price move

BHEL last traded at ₹434.6, modestly up 0.08% on the day.

Recent developments

On 2026-10-06, BHEL's share price rallied 5%, hitting a new high as the stock outperformed the market. On 2026-09-15, BHEL formed a joint venture with Titagarh Rail to maintain Vande Bharat sleeper trains for 35 years. On 2026-07-17, BHEL reported a profit of ₹382 crore for the quarter, with revenue climbing 40% to ₹7,698 crore.

Financial performance

BHEL's business is improving, with annual revenue rising 19.2% and net profit surging 199.7% year-on-year. The latest quarter saw revenue jump 40.3% compared to the same quarter a year earlier, and net profit swung from a loss to a profit of ₹377 crore.

Valuation multiples

The stock trades at 94.5 times earnings, 5.75 times book value. It yields 0.3%.

Things to watch

The stock is 4.9% below its 52-week high. Domestic institutional holding fell by 1.54 percentage points in the quarter. Net profit margin, while up, remains at 4.7%, which is lower than the industry average for capital goods companies.

Where it stands

BHEL's latest quarter showed strong revenue growth and a return to profitability, with net profit rising sharply. The stock's recent performance has been positive, but it remains below its 52-week high. The company's financials have improved significantly over the past year, with net profit margin rising 2.9 percentage points.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.