India's BHEL rises on Q4 profit, revenue jump

Bharat Heavy Electricals

04/05/2026 07:26

** Shares of India's Bharat Heavy Electricals BHEL.NS up 9.99% to 387.65 rupees, set for biggest intraday pct gain since March 4, 2024

** State-owned co posted a quarterly profit of 12.9 billion rupees ($135.92 million) more than 2.5 times YoY

** Revenue from operations rose to 123.1 billion rupees from about 90 billion rupees a year earlier

** BHEL rated "hold" on avg by 19 analysts; median TP 267 rupees- LSEG data

** YTD stock up 22.6%

($1 = 94.9100 Indian rupees)

(Reporting by Devika Nair in Bengaluru)

((Devika.MadhusudhananNair@thomsonreuters.com;))