BSE Capital Goods index hit a new high of 79,887.59, up nearly 2% in Thursday's intra-day deal. The index has surged 17% in the past two months.
The Nifty Midcap Select index hit a new high of 14,223.90, soaring 2% and surpassing its previous high of 14,118 touched on December 1, 2025.
BHEL's strong Q4FY26 performance and robust order book are offset by concerns over valuations, execution challenges, and sustainability of margin gains
Stocks to Watch today, May 5, 2026: Marico, SRF, United Breweries, Poonawalla Fincorp, Ather Energy, and Punjab National Bank are among the top stocks to watch during today's trading session
In the past one month, the market price of BHEL has appreciated by 62 per cent, as compared to 5 per cent rise in the BSE Sensex.
Q4FY26 company results: Firms including Jindal Stainless, Petronet LNG, NACL Industries, Tata Chemicals, and IIFL Capital Services are also to release their January-March earnings today
Stocks to Watch today, May 4, 2026: Shares of Hero MotoCorp, Maruti Suzuki India, Hyundai Motor India, M&M, Tata Motors (PV and CV), and Eicher Motors will remain in focus following April sales data
Stocks to Watch today, April 29, 2026: Eternal, Ceat, Bandhan Bank, BHEL, Mobikwik, and Canara HSBC Life Insurance are some of the key stocks to watch today
Analysts at JM Financial Institutional Securities have pegged an upside target of ₹393 per share on BHEL; whereas Axis Securities expects SAIL to rally toward ₹200-mark.
With healthy revenue growth, a strong order book, and a sustained execution pipeline, BHEL enters FY2026-27 with solid momentum.
Rajesh Bhosale, technical analyst at Angel One believes that overbought conditions tend to persist during strong trends as they also reflect inherent strength.
Jyoti CNC, Apar Ind, BHEL, Thermax, Kirloskar Oil Engines, Siemens Energy, ABB, CG Power and Hitachi Energy were up 2 per cent to 5 per cent on the BSE in Monday's intra-day trade.
The order book expansion to ₹2.4 trillion provides strong revenue visibility, with a book-to-bill of ~7.4x, ensuring multi-year execution pipeline and reducing earnings volatility, said analysts.
BHEL said it has signed a TCA with South Korea's E2S Company to strengthen its capabilities in excitation systems for synchronous machines
The Ministry of Power outlined a ₹200 trillion ($2.2 trillion) long-term investment roadmap for India's power sector over the next two decades.
At 12:12 PM on Thursday; the BSE Power index was up 2.3 per cent at 7,043.98, as compared to 0.54 per cent decline in the BSE Sensex at 76,447.51.
At 01:58 PM on Thursday, the Nifty CPSE index was the the top gainer among sectoral and thematic indices, up 2.8 per cent, as compared to 0.4 per cent rise in the Nifty 50.
Stocks to watch on February 18, 2026: Stocks like Dilip Buildcon, Bharti Airtel, BHEL, and Dabur India will remain in focus today
With nearly 80 per cent of the order book anchored in the power segment, positioning the BHEL to benefit from India's renewed thermal capacity additions and infrastructure push, believe analysts.
The government's stake sale in BHEL was over-subscribed two times on the first day on Wednesday, with institutional investors placing bids worth over Rs 5,650 crore. Institutional investors put in bids for over 22.07 crore shares at an indicative price of Rs 256.07 a share, as against over 9.40 crore shares on offer. The base issue size was over-subscribed 2 times, with bids worth Rs 5,650 crore coming in. The government is disinvesting 3 per cent equity in BHEL with an additional 2 per cent as a green-shoe option at a floor price of Rs 254 in the two-day offer for sale. Retail investors will be able to place a price bid on Thursday. The base issue size comprises over 10.44 crore shares, or 3 per cent stake, in BHEL, plus a greenshoe option to sell over 6.96 crore shares or 2 per cent. The sale of total 17.41 crore shares, or 5 per cent stake, would fetch the government Rs 4,422 crore. The government holds 63.17 per cent in BHEL. Shares of BHEL touched a low of Rs 258.60 in ...