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 […]
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 […]