In the past month, the BSE capital goods index slipped 12% as against a 2.8% decline in the BSE Sensex.
Bharat Coal Gasification and Chemicals Ltd (BCGCL), the joint venture of Coal India Ltd (CIL) and BHEL, has started ground construction activities for its Rs 25,000 crore coal gasification project in Odisha, with most of the tenders awarded, its Managing Director Peeyush Kumar said on Thursday. The development assumes significance in the wake of the country's push to build 100 million tonne of coal gasification capacity by 2030 under the National Coal Gasification Mission, aimed at converting coal into chemicals and bringing down the import dependence on products such as LNG, urea, ammonia and methanol. "We are going ahead with the joint venture of BHEL and Coal India, which is BCGCL....I am happy to share that we have started ground construction activities... Most of the tenders have been awarded and construction has started," Kumar said during the 17th Edition of Gasification India 2026 organised by Mission Energy Foundation. BCGCL--a joint venture in which CIL holds the majority
Bhel's Q2FY27 profit surged 119 per cent year-on-year as revenue growth and margin gains beat estimates, while a Rs 2.6 trillion order book supports future growth prospects
Stocks to buy today: Kunal Kamble, senior technical research analyst at Bonanza, has recommended three stocks: Jindal Saw, BHEL and Allied Blenders and Distillers.
Ajit Mishra of Religare Broking has reiterated a cautious stance on Nifty, with 22,850, coinciding with the 20-DEMA, acting as the immediate hurdle. He has recommended HAL, IndiGo and BHEL for trade.
Thus far in the calendar year 2026, BHEL stock outperformed the market by soaring 61% compared to a 14.6% decline in the BSE Sensex.
State-owned BHEL on Wednesday reported a two-fold jump in consolidated net profit to Rs 820.94 crore for the September quarter, driven by higher income from key business verticals such as power and industry. BHEL is India's largest engineering and manufacturing enterprise in the energy and infrastructure sector. The company had clocked a net profit of Rs 374.89 crore in the second quarter of the preceding financial year, BHEL said in an exchange filing. In July-September, the company's total income rose 24 per cent to Rs 9,553.01 crore from Rs 7,686.11 crore in the year-ago period. Sharing segment-wise break-up, the company said that from power and industry businesses, it earned revenue of Rs 6,637.90 crore and Rs 2,662.45 crore, respectively, up from Rs 5,675.64 crore and 1,836.16 crore garnered from the two verticals in the September quarter of FY25. Expenses stood at Rs 8,482.40 crore compared to Rs 7,201.54 crore a year ago.
Q2FY27 results today: Aditya Birla Money, Elecon Engineering Company, Emmvee Photovoltaic Power, Tata Technologies and Groww will announce their quarterly results today
In the past six months, the stock price of BHEL outperformed the market by surging 82% as compared to a 2% decline in the BSE Sensex.
Stocks to watch today: Shares of Kanohar Electricals, Prasol Chemicals and Glass Wall Systems are slated to list on BSE and NSE today.
According to ACE Equity data, BHEL stock has added 63 per cent in the last six months and significantly outperformed NTPC, which has lost 13 per cent.
The strong capex cycle in the thermal power sector propelled the company's order book and execution. In addition, the management has focused on structurally favourable terms in the orders, says Ind-RA
Trading stocks today: Jatin Gedia of Teji Mandi Investment Technologies has recommended buying BHEL and Aarti Industries shares today.
In the Indian context, Morgan Stanley expects the total power demand to rise 6.75 per cent between 2025 and 2030 to 668 terawatt-hour (TWh). Of this, datacenter will see a demand of 68 TWh.
The engineering major's improving execution, expanding order book and healthy margin recovery support growth prospects, but much of the optimism appears priced into the stock
Analysts at ICICI Securities have a 'Buy' rating on BHEL stock with a fair value of ₹575 as they expect revenue and PAT to grow at a CAGR of 30.5 per cent and 90 per cent over FY26-FY28E.
Revenue from operations rose 40.3 per cent to ₹7,697.72 crore, while the power segment returned to profit and total expenses increased 18.1 per cent year-on-year
The Nifty Midcap 50 and Smallcap 50 have gained 21 per cent and 29 per cent thus far in FY27 led by strong gains in BHEL, Laurus Labs, Prestige Estates, Aegis Logistics and Welspun Corp.
Analysts expect limited impact on BHEL from the government's move to allow four Chinese electrical equipment companies to participate in PSU tenders for HV transformers and GIS equipment.
Stocks to watch today: Maruti Suzuki, Uno Minda, BHEL, Torrent Pharma, Tata Power, IHCL, IDFC First Bank, Kalyan Jewellers, Premier Energies, RCF, RRP Defense, among others, will be in focus today