India's BHEL rises after quarterly profit, revenue jump
16/07/2026 10:54
BUZZ-India's BHEL rises after quarterly profit, revenue jump ** Shares of India's Bharat Heavy Electricals Ltd BHEL.NS jump 3.71% to 433.35 rupees
** Stock on track for its biggest intraday percentage gain since February 3, if gains hold
** Co reports a consolidated net profit of 3.77 billion rupees ($39.14 million) in the first quarter, compared with a loss of 4.55 billion rupees a year ago
** Co's Q1 consolidated revenue rises 40.3% y/y to 76.98 billion rupees
** BHEL rated "hold" on average by 19 analysts, median PT at 343 rupees -- data compiled by LSEG
** YTD stock up 50.6%
($1 = 96.3150 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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