Latest Updates Around The World
Mumbai: Analysts are divided on recommending retail investors to participate in BHEL’s ₹4,422-crore offer for sale (OFS), with opinions divided between caution on valuation and optimism on the order book. Brokers broadly agree that investors with a medium- to long-term horizon can benefit from bidding on the stock sale. However, short-term investors are unlikely to […]
The government’s offer for sale (OFS) in Bharat Heavy Electricals Ltd (BHEL) is being offered at a floor price of Rs 254. According to JM Financial, which has a buy rating on the stock, the OFS price implies a valuation of 21x FY28 estimated earnings, compared to the stock’s prevailing multiple of around 23x FY28 […]
The government will sell 3% stake, representing over 10.44 crore shares in Bharat Heavy Electricals Limited (BHEL), through an offer for sale (OFS). The PSU has fixed the floor price at Rs 254 per share.The government has also retained an over-subscription option to sell an additional 6.96 crore shares, equivalent to 2% equity, which would […]
Indian Railway Finance Corporation (IRFC) reported a net profit of Rs 1,802.19 crore for the third quarter of fiscal 2025-26. In a statement to the stock exchanges, the Navratna said this was the highest ever gain. The public sector railway company had reported an operating profit of Rs 1,630.66 crore for the quarter ended December […]
Bharat Heavy Electricals Ltd (BHEL) on Monday reported a sharp turnaround in performance for the December quarter, with net profit more than tripling on higher execution and operating leverage. The state-owned engineering firm posted a net profit of Rs 382 crore for the third quarter ended December 2025, compared to Rs 125 crore in the […]
Shares of Bharat Heavy Electricals (BHEL) and other capital goods names fell as much as 14% on Thursday after a media report said the finance ministry plans to scrap five-year-old restrictions on Chinese companies bidding for government contracts. Reuters reported, citing two sources, that the move could come as the government seeks to revive commercial […]
The Indian market ended lower on Thursday, with Sensex and Nifty falling after the US Federal Reserve’s latest interest rate decision and chairman Jerome Powell’s cautious comments spooked global investors. The S&P BSE Sensex fell 592.67 points, or 0.70%, to close at 84,404.46, while the NSE Nifty 50 fell 176.05 points, or 0.68%, to end […]
The Nifty 50 looks set to challenge a new all-time high this week as six key factors could converge to strengthen bullish sentiment – from expectations of a US Fed rate cut and an easing in FII selling to strong domestic earnings and progress in trade talks. The optimism comes after the benchmark index nearly […]
Markets traded under pressure on Thursday and lost more than half a percent, so that the current corrective phase was extended. In the absence of new triggers, analysts said that ongoing underperformance in important sectors, in combination with continuous Fii outflows, weighs on the overall sentiment. “We advise traders to check functions and to wait […]
Markets moved higher and won more than half a percent, supported by optimism around the GST Council meeting. In the current trade, shares of Jio Financial, Swiggy, Aptus Value Housing, Coal India, Maruti Suzuki will be in focus because of various news developments. BhelBhel received orders worth more than RS 2,600 Crore from MB Power […]
