BHEL Shares Surge 10% Following Strong Q4 Earnings: Buy, Sell, or Hold?
BHEL shares jump 3%, rally 10% in two days after Q4 results. Should you buy, sell or hold?
The Economic Times
Image: The Economic Times
Bharat Heavy Electricals (BHEL) shares rose 10% over two days, driven by a remarkable 156% year-on-year increase in net profit to ₹1,290.50 crore for Q4 FY26. Analysts maintain bullish outlooks, with target prices suggesting further upside potential of 15-18%.
- 01BHEL's net profit surged 156% YoY in Q4 FY26 to ₹1,290.50 crore.
- 02Revenue from operations increased 37% YoY to ₹12,310 crore.
- 03JM Financial and Morgan Stanley both maintain bullish ratings on BHEL stock.
- 04Target prices have been raised to ₹435 and ₹444, indicating further upside potential.
- 05The company has recommended a final dividend of ₹1.40 per share, subject to approval.
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Bharat Heavy Electricals Limited (BHEL) shares experienced a significant 10% increase over two days, with a 3% rise on Tuesday following a strong quarterly earnings report. For the January-March quarter of the financial year 2026, BHEL reported a 156% year-on-year increase in consolidated net profit, totaling ₹1,290.50 crore. This marks a 231% sequential growth from the previous quarter. Revenue from operations also saw a robust 37% growth to ₹12,310 crore. BHEL’s EBITDA more than doubled to ₹2,005 crore compared to the same period last year. The company’s board has proposed a final dividend of ₹1.40 per share, pending shareholder approval. Analysts from JM Financial and Morgan Stanley have both issued positive ratings on BHEL, raising their target prices to ₹435 and ₹444, respectively, indicating potential upsides of over 15-18%. The favorable earnings and outlook have led to renewed investor confidence in BHEL's stock.
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The significant rise in BHEL's stock price could lead to increased investor confidence and potential gains for shareholders, especially if the proposed dividend is approved.
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