The project will produce 2,000 tonnes of ammonium nitrate daily, reducing imports, conserving foreign exchange, and strengthening India's energy and chemicals sectors
Infrastructure major Larsen & Toubro (L&T) on Tuesday said it has bagged an order valued between Rs 2,500 crore to Rs 5,000 crore from the joint venture of state-owned Coal India Limited and Bharat Heavy Electricals Limited for the development of a coal-to-ammonium nitrate project in Odisha. The project is likely to produce 2,000 tonnes of ammonia nitrate per day, reducing import dependence, conserving foreign exchange and strengthening domestic industrial capabilities in energy and chemicals sectors. "L&T Energy Hydrocarbon Onshore has won large order from Bharat Coal Gasification and Chemicals Ltd (BCGCL), a joint venture of Coal India Ltd (CIL) and Bharat Heavy Electricals Ltd (BHEL)," the infrastructure firm said in a filing to BSE. The order encompasses the development of the nitric acid and ammonium nitrate Plant, to be executed on a lump sum turnkey basis. "Once operational, the facility will enable the conversion of coal into ammonium nitrate with a planned ...
State-owned BHEL on Monday posted a two-fold jump in consolidated net profit to Rs 1,290.47 crore during the quarter ended March 31, supported by growth in revenues. It had reported a net profit of Rs 504.45 crore in the same period a year ago, the company said in an exchange filing. During the fourth quarter, its total income surged to Rs 12,553.50 crore from Rs 9,142.64 crore in the January-March period of preceding 2024-25 financial year. For the entire FY26, the company's net profit jumped to Rs 1,600.26 crore from Rs 533.90 crore in the year ago. The board of the company also approved a final dividend of Rs 1.40 per share of Rs 2 each for the fiscal ended March 31, 2026. BHEL is India's largest engineering and manufacturing enterprise in the energy and infrastructure sectors.
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, 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.
Robust order pipeline and improving execution position BHEL for strong revenue growth, though rising input costs and geopolitical risks may weigh on margins
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.
Integrated stainless-steel manufacturer Mangalam Worldwide on Friday said global and domestic entities like QatarEnergy, BHEL, EIL and Gujarat State Fertilizers & Chemicals have empanelled it as approved vendor. These approvals, besides opening new revenue streams through diversification, strengthen the company's positioning across international energy, refinery, infrastructure, power and industrial sectors, paving the way for it to participate in high-specification projects and expanding its presence across global markets. "Our empanelment with globally recognised institutions is a strong validation of our product quality, manufacturing capabilities and operational reliability. As we expand our footprint across domestic and international markets, we remain focused on enabling such institutions with predictable delivery and timelines," said Chandragupt Prakash Mangal, Managing Director at Mangalam Worldwide Limited. The company's integrated model, he said, supports consistent ...
BHEL said it has signed a TCA with South Korea's E2S Company to strengthen its capabilities in excitation systems for synchronous machines
BCGCL and MCL sign a land agreement for India's first indigenous coal gasification project in Odisha, aimed at boosting energy security and reducing import dependence
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.
Stocks to watch on February 18, 2026: Stocks like Dilip Buildcon, Bharti Airtel, BHEL, and Dabur India will remain in focus today
With a focused portfolio, improving margins and a healthy order book, the GE Power management said the company is well positioned for building momentum.
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.
SBI's market capitalisation rose to ₹10.92 trillion after its shares hit a record high, overtaking TCS, whose stock has fallen sharply from its lifetime peak