BHEL Share Price: 18 Saal Ka Record Tuta! Kya Ye Tezi Rukegi Ya Valuation Ka Scrutiny Padega Bhari?

INDUSTRIAL-GOODSSERVICES
Whalesbook Logo
AuthorAnanya Iyer|Published at:
BHEL Share Price: 18 Saal Ka Record Tuta! Kya Ye Tezi Rukegi Ya Valuation Ka Scrutiny Padega Bhari?
Overview

Arre bhai, BHEL ka stock itna bhaga hai ki **18 saal** ka record hi tod diya! Sabse bada reason hai unka tagda **₹2.4 lakh crore** ka order book aur government ka infra par zabardast kharcha. FY26 mein revenue bhi **18%** badha hai, par abhi analysts valuation ko lekar thoda soch mein pade hain.

Instant Stock Alerts on WhatsApp

Used by 10,000+ active investors

1

Add Stocks

Select the stocks you want to track in real time.

2

Get Alerts on WhatsApp

Receive instant updates directly to WhatsApp.

  • ✓Quarterly Results
  • ✓Concall Announcements
  • ✓New Orders & Big Deals
  • ✓Capex Announcements
  • ✓Bulk Deals
  • ✦And much more
Add StocksGet it on Google PlayDownload on the App Store

BHEL ke stock mein aisi kya baat hai jo 18 saal ka record todh rahi hai?

Iske peeche sabse bada reason hai company ka mind-blowing order book jo ₹2.4 lakh crore tak pahunch gaya hai. Matlab, next few years ki revenue ki guarantee si ho gayi hai! Is fiscal mein hi unhone ₹75,000 crore ke naye orders pakde hain, jisme NTPC ka ₹13,500 crore ka bada project bhi shamil hai. Stock abhi tak ₹398.95 ke level tak pahunch gaya hai, jo ki 18 saal ka sabse uncha hai. Company ne FY26 mein revenue growth bhi 18% dikhaya hai aur 8.9 GW power capacity bhi commission ki hai. Ye sab dekh kar JM Financial aur ICICI Securities jaise experts ne 'BUY' rating di hai aur target ₹358-₹370 rakha hai. Morgan Stanley ka bhi 'Overweight' rating ke saath target ₹444 hai.

Par valuation ka scene kya hai?

Ab yahan thoda twist hai. Jab hum BHEL ke valuation ko doosre bade companies jaise Larsen & Toubro (L&T), Siemens India, aur KEC International se compare karte hain, toh BHEL ka Price-to-Earnings (P/E) ratio kaafi high lag raha hai. Ye ratio 87.72 se lekar 111.6 tak ja raha hai, jabki L&T ka 31.70 ke aas paas hai. Haan, BHEL ka profit pichle saal 199.7% bada hai, lekin Return on Equity (ROE) sirf 6.1% hai, jo thoda kam hai.

Aage chal kar kya challenges aa sakti hain?

Isi valuation ko dekh kar Prabhudas Lilladher jaise kuch analysts ne 'Reduce' rating de di hai, keh rahe hain ki stock abhi stretched hai. Is ₹2.4 lakh crore ke order book ko execute karna bhi aasan nahi hoga, delays ya cost overruns ka risk reh sakta hai. Input costs badhne ka risk bhi hai. Finance ki baat karein toh interest coverage ratio 2.7x aur debt-to-equity ratio 30.4% hai, jo badh raha hai. Agar government ki policy mein koi change aaya toh bhi revenue par impact pad sakta hai.

Get stock alerts instantly on WhatsApp

Quarterly results, bulk deals, concall updates and major announcements delivered in real time.

Add Stocks
Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.