BHEL stock outlook: Rising domestic consumption, along with the government's push for manufacturing and infrastructure development is expected to drive the energy demand in the near future.
Order inflows have seen a sharp turnaround. From an average of about ₹21,000 crore between FY19 and FY23, BHEL's order inflow jumped to ₹80,000 crore in FY24
At the bourses, meanwhile, Nifty India Manufacturing index, which has outperformed the market by surging 26 per cent in the past nine months