India's BHEL extends fall on report India easing Chinese equipment curbs

Bharat Heavy Electricals

19/02/2026 05:52

** Bharat Heavy Electricals Ltd BHEL.NS falls as much as 2.4% to 255.3 rupees; extends fall to second day

** Reuters reported Indian government has eased procurement of critical power transmission equipment from China for government contracts

** This is the first significant easing of 5-year-old curbs that have largely shut Chinese firms out of India's government contract market

** Stock rated "hold" on avg; median PT is 250 rupees, per data compiled by LSEG

** YTD, BHEL down ~9%

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))