&w=3840&q=100)
BHEL shares climb 3% on winning ₹6,500-crore order from Adani Power
Bharat Heavy Electricals or BHEL shares rose 3 per cent in trade on Monday, logging an intraday high at ₹272 per share on BSE.
However, at 9:54 AM, BHEL share price pared some gains and was trading 0.51 per cent higher at ₹265.4 per share on the BSE. In comparison, the BSE Sensex was down 0.30 per cent at 83,810.67. The company's market capitalisation stood at ₹92,326.91 crore. Its 52-week high was at ₹335.4 per share and 52-week low was at ₹176 per share.
In one year, BHEL shares have lost 13 per cent as compared to Sensex's rise of 6 per cent.
What's driving rally in BHEL shares?
On Friday, after market hours, the company announced that it has received a Letter of Award (LoA) from Adani Power for six thermal units of 800 MW.
Under the contract, BHEL will supply a Steam Turbine Generator along with auxiliaries and supervise erection and commissioning. The order is estimated at ₹6,500 crore excluding goods and services tax (GST). Track Stock Market LIVE Updates
BHEL Q4 results 2025
State-owned engineering firm BHEL posted a 3 per cent rise in its consolidated net profit to ₹504.45 crore in the March quarter compared to ₹489.62 crore in the quarter ended on March 31, 2024.
Its total income rose to ₹9,142.64 crore in the fourth quarter against ₹8,416.84 crore in the same period a year ago.
The revenues from industry business grew to ₹2,800.96 crore during the quarter from ₹2,091.98 crore a year ago. During the fiscal 2024-25, the consolidated net profit increased to ₹533.90 crore from ₹282.22 crore in the previous financial year.
About BHEL
BHEL is among the leading power plant equipment manufacturers in the country. The company specialises in the design, engineering, manufacturing, installation, testing, commissioning, and servicing of a diverse array of products and services.
BHEL caters to key sectors such as power, transmission, industry, transportation, renewable energy, oil & gas, and defence. As the premier engineering and manufacturing enterprise in the country, BHEL is owned and operated by the Government of India.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


New Indian Express
25 minutes ago
- New Indian Express
Sensex rise 118 points, Nifty 50 reaches 25,535; markets open higher on Tuesday
CHENNAI: Indian markets opened slightly higher on Tuesday, supported by gains in Asian equities and improved global sentiment ahead of the upcoming US tariff deadline on July 9. The Sensex rose 118 points to 83,724 at the opening bell, while the Nifty 50 added 18 points to reach 25,535. This positive start reflected a 0.6% rise in the MSCI Asia ex-Japan index and followed a strong finish on Wall Street, fueled by hopes of progress in U.S. trade talks. Meanwhile, oil prices edged lower on expectations of increased output from OPEC+—a welcome sign for India, which relies heavily on crude imports. Additionally, oil prices declined on expectations of an OPEC+ output increase—a favorable development for India, which is a major crude importer. The US dollar softened ahead of key US economic data and an upcoming vote on President Trump's fiscal reforms, which also supported emerging markets like India. On the domestic front, sentiment was supported by hopes for a breakthrough in India–US trade talks. Investors are closely watching for any early resolution ahead of the July 9 deadline. Among stocks in focus, Apollo Hospitals gained over 4% in early trade following news of a planned spin-off and listing of its digital health and pharmacy unit within the next 18–21 months. The parent company plans to retain a 15% stake in the new entity.


The Hindu
29 minutes ago
- The Hindu
Sensex, Nifty rebound in early trade mirroring rally in global peers
Equity benchmark indices Sensex and Nifty rebounded in early trade on Tuesday (July 1, 2025) fter falling in the previous trading session, amid a rally in global markets. Moreover, buying in blue-chip stocks -- Reliance Industries and HDFC Bank -- also added to the markets optimism during the initial trade. The 30-share BSE Sensex climbed 177.79 points to 83,784.25 in early trade. The 50-share NSE Nifty went up by 51.2 points to 25,568.25. From the Sensex firms, Asian Paints, Bharat Electronics, UltraTech Cement, Reliance Industries, HDFC Bank and HCL Tech were among the gainers. However, Trent, Axis Bank, Eternal and Tata Steel were among the laggards. In Asian markets, South Korea's Kospi and Shanghai's SSE Composite index were trading in the positive territory while Japan's Nikkei 225 index quoted lower. The U.S. markets ended higher on Monday (June 30). "With the mother market US setting new record highs, the global equity market mood is positive. West Asian geopolitics is no longer a threat to global economy or markets. Strong macros of the Indian economy can facilitate increasing fund flows into Indian equity," VK Vijayakumar, Chief Investment Strategist, Geojit Investments, said. Going forward, the market is likely to be influenced by developments on the tariff front, he added. Global oil benchmark Brent crude dipped 0.24 per cent to USD 67.61 a barrel. Foreign Institutional Investors (FIIs) offloaded equities worth ₹831.50 crore on Monday, according to exchange data. In the previous trade, the Sensex dropped 452.44 points or 0.54 per cent to settle at 83,606.46. The Nifty declined 120.75 points or 0.47 per cent to 25,517.05.

Mint
32 minutes ago
- Mint
Financial stability must deliver service efficiency
Systemic risk is not a concern, going by the Reserve Bank of India's (RBI) latest Financial Stability Report. As its systemic risk survey conducted in May reveals, 'medium risk" is seen in all major risk groups, with 92% of respondents expressing a level of confidence in India's financial system that's either higher than or similar to the last round's. Also Read: Andy Mukherjee: India's economy needs a revival of 'animal spirits', not cheaper credit As the report notes, corporate balance sheets are healthy, as are those of banks, which have taken their non-performing loan ratios to a multi-decadal low and reported strong earnings, even as stress tests have affirmed the adequacy of their capital buffers. Also Read: Mint Quick Edit | India's economy: The case for cautious optimism Mutual funds and clearing corporations are resilient too. While high equity valuations and global trade uncertainty pose some risks, India's financial system seems in good shape overall. As a macroprudential exercise, such sector-wide scans are important. Also Read: Dynamism at work: India's economy has led Nestle out of the Sensex Yet, as RBI Governor Sanjay Malhotra says in the report's foreword, 'Financial stability, like price stability, is a necessary condition, and not a sufficient one to boost India's potential growth." His note ends with a mention of the need for service efficiency. A stable base, after all, is just a foundation for economic success.