India's BHEL rises on surge in quarterly profit

Bharat Heavy Electricals

30/10/2025 04:29

** Shares of Bharat Heavy Electricals (BHEL) BHEL.NS rise 2.06% to 250.44 rupees

** Co reports quarterly standalone net profit more than doubled y/y to 3.68 billion rupees ($11.38 million)

** Revenue up 14.09% at 75.12 billion rupees

** CLSA terms the resurgence of fossil orders as a bright spot for BHEL, but flags concerns over the quality of the growth

** Investec says BHEL's Q2 EBITDA came in higher than consensus expectations on account of provision reversals

** Brokerage remains cautious about co; says meeting timelines could be a challenge for BHEL due to impaired supply chain

** Stock rated "Hold" on average by 20 analysts; median PT at 245 rupees - data compiled by LSEG

** More than 16.95 million shares change hands vs 30-day avg of 6.16 million shares

** YTD, stock up 8.68%

($1 = 87.8950 Indian rupees)

 (Reporting by Mridula Kumar in Bengaluru)

 ((mridula.kumar@thomsonreuters.com))