Page 4 - Bhel

Ruchit Jain of Motilal Oswal picks stocks to buy today for near-term upside

Stocks to Buy Today: BHEL share price has formed a 'Bullish Engulfing' pattern on the daily chart. The upmove in BHEL share has seen good volumes

BHEL gains 4% on posting healthy Q3 nos; PAT rises 123%, revenue up 32%

CLSA maintained a 'Reduce' rating on BHEL and cut the target price to Rs 166 per share from Rs 205

BHEL Q3FY25 results: Net profit more than doubles to Rs 134.7 crore

State-owned engineering firm BHEL on Tuesday posted over twofold jump in consolidated net profit at Rs 134.70 crore for December quarter 2024-25 mainly on the back of higher revenues. The company had logged a profit of Rs 60.31 crore in the quarter ended December 31, 2023, a BSE filing said. Total income rose to Rs 7,385 crore in the quarter from Rs 5,599.63 crore in the same period a year ago.

DEE Development Engineers expects revenue to triple to Rs 2,400-cr: CMD

DEE Development Engineers, a piping solutions provider, expects its revenue to triple to around Rs 2,400 crore in the next three to five years as it embarks on its next phase of growth, the company's Chairman and Managing Director (CMD) Krishan Lalit Bansal said. The company, which reported a revenue of Rs 785 crore in 2023-24, is expecting higher revenue in the current financial year, Bansal said during an interaction here. DEE Development Engineers has launched its new facility in Anjar with an investment of Rs 250 crore. The facility, with an initial capacity of 12,000 tonnes per annum, is expected to be ramped to 27,000 tonnes per annum by September this year. The company also plans to come up with a Rs 90-crore seamless pipe manufacturing facility in Anjar by December this year, Bansal added. This unit will have an annual production capacity of 7,000 metric tonnes. "We are putting up a specialised forged seamless pipe plant also. The pipes produced out of that shall primarily

BHEL Recruitment 2025: View application details for trainee posts and more

The BHEL has declared its 2025 recruitment drive for 400 openings including Engineer Trainee and Supervisor Trainee posts. The online application process will start on 1st Feb and end on 28th Feb

Stock market crash: Dixon Tech, Ambuja, BHEL among stocks to buy on dips

Here are 5 F&O stocks that are trading with a PCR in excess of 1; Options data and technical charts suggest up to 14% upside for these stocks in the December series; key levels here.

Axis Bank, Nippon AMC, Maruti: JM Financial picks 12 stocks to buy for 2025

From the robust banking and financial services domain, Axis Bank and Nippon AMC make the cut. The auto industry sees Maruti Suzuki and Samvardhana Motherson International (SAMIL) in the spotlight

BHEL, Hitachi Energy rise up to 9% after securing Khavda Nagpur project

While Hitachi Energy did not specify the time period of the order in the filing, BHEL said that the order has to be completed by 2029

Bhel-Hitachi receives Khavda Nagpur HVDC project from Power Grid Corp

State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) on Monday said it has, along with Hitachi Energy India, secured an order for Khavda Nagpur HVDC (hight voltage direct current transmission) project from Power Grid Corporation. The order was awarded by Power Grid Corporation of India on behalf of its Project SPV (special purpose vehicle) company. According the filing, the order is to design and execute the 800kV, 6,000 MW, 1,200 km High Voltage Direct Current (HVDC) terminal stations to evacuate renewable energy from Khavda in Gujarat to Nagpur in Maharashtra. The order will be executed by 2029. Power Grid Corporation secured Khavda Phase V: Part A Power Transmission, the first-ever HVDC project tendered through a tariff-based competitive bidding (TBCB) process and subsequently selected BHEL and Hitachi Energy India for the implementation of bi-directional parallel HVDC bipoles and associated AC substations for power evacuation. This project is part of the interstate

BHEL Q2 results: Net profit jumps to Rs 106 cr on higher revenues

State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) on Monday posted a consolidated net profit of Rs 106.15 crore in September quarter mainly on the back of higher revenues. The company had reported a consolidated net loss of Rs 63.01 crore in the quarter ended on September 30, 2023, a BSE filing showed. According to the filing, BHEL had reported a loss of Rs 211.40 crore in the quarter ended June 30, 2024. Total income in the second quarter rose to Rs 6,695.37 crore in the period under review, from Rs 5,305.38 crore in the same period a year ago.

Q2 results today: Airtel, Adani Power and BHEL among 168 to post earnings

Q2FY25 company results: Indian Oil, Ambuja Cements, Aditya Birla Sun Life AMC, Sun Pharma and more will report their second-quarter earnings on October 28

BHEL share gains 3% on bagging Rs 6,100-crore thermal power order from NTPC

The uptick in BHEL share price came after the company announced that it has secured an order worth Rs 6.100 crore from NTPC.

PFC pays Rs 462 cr final dividend for 2023-24 to govt; BHEL pays Rs 55 cr

State-owned Bharat Heavy Electricals Ltd (BHEL) on Wednesday said it has paid a final dividend of Rs 55 crore for 2023-24 to the government. To this effect, a cheque towards the final dividend on the equity (63.17 per cent) held by the Government of India, was presented to H. D. Kumaraswamy, Union Minister of Heavy Industries and Steel by K Sadashiv Murthy, Chairman and Managing Director, BHEL, a company statement said. The total dividend paid to the company's shareholders for 2023-24 amounted to over Rs 87 crore.

Bhel wins thermal projects worth Rs 11,000 crore from Adani Power

BHEL will complete the Kawai Phase-II project in 49 months, the Kawai Phase-III project in 52 months, and the Mahan Phase-III project in 55 months

BHEL stock up 3% on multiple order wins of Rs 11,000 cr; more details here

The shares of BHEL rallied after the company announced that it has secured multiple orders worth over Rs 11,000 crore from Adani Power and its subsidiary Mahan Energen Limited.

Nifty PSE off its all-time high; what's worrying the investors?

In the past two months, major PSE index constituents are experiencing profit booking. Here's how analysts view the space

Bhel gets 1,600 MW thermal power project from Damodar Valley Corporation

State-owned BHEL on Monday said it has secured a 1,600 MW project from Damodar Valley Corporation (DVC). The coal-based unit will be set up in the Koderma district of Jharkhand on an EPC (Engineering, Procurement, and Construction) basis, BHEL said in a statement. The 2x800 MW Koderma Supercritical Thermal Power Project (STPP) has been awarded through International Competitive Bidding (ICB), it said. This is the first such project in terms of capacity for DVC, and will be set up adjacent to its existing 2x500 MW units set up by BHEL earlier, the statement said. BHEL further said that it has a long-standing partnership with DVC and has installed over 80 per cent of the coal-based power stations of the utility in Jharkhand and West Bengal. The new project from DVC includes supply, erection and commissioning, along with civil works. The key equipment for the project will be supplied by BHEL's manufacturing units. Bharat Heavy Electricals Ltd (BHEL) is one of the largest engineering

BHEL Q1 results: Net loss widens to Rs 211.4 crore on higher expenses

State-owned BHEL on Wednesday reported the widening of its consolidated net loss to Rs 211.40 crore for the June quarter, on account of higher expenses. It had clocked Rs 204.70 crore loss for the April-June period of the preceding 2023-24 fiscal, the company said in an exchange filing. The company's total income rose to Rs 5,581.78 crore from Rs 5,117.20 crore in the year-ago quarter. Expenses stood at Rs 5,874.98 crore as against Rs 5,409.47 crore a year ago. Bharat Heavy Electricals Ltd (BHEL) is one of the largest engineering and manufacturing companies in India.

BHEL rises over 3% on bagging Rs 10,000 cr-order from Damodar Valley Corp

The surge in the share price came after the company secured Rs 10,000 crore order for 1600MW Damodar Valley Corp project.

State-owned Coal India firms up gasification plans in tie-up with BHEL

In May 2024, CIL and Bhel joined hands to set up BCGCL as a joint venture. CIL holds 51 per cent stake while Bhel has 49 per cent