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Tag: stock price bhel

Government sells 3% stake in BHEL through OFS and sets floor price at Rs 254 per share
Stock Market

Government sells 3% stake in BHEL through OFS and sets floor price at Rs 254 per share

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 […]

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BHEL Q3 results: Profit more than tripled to Rs 382 crore; turnover increases by 16% on an annual basis
Stock Market

BHEL Q3 results: Profit more than tripled to Rs 382 crore; turnover increases by 16% on an annual basis

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 […]

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BHEL, ABB, L&T plunge to 14% after report says government may scrap restrictions on Chinese companies
Stock Market

BHEL, ABB, L&T plunge to 14% after report says government may scrap restrictions on Chinese companies

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 […]

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