BHEL shares remain in focus after the company delivered a strong Q4FY26 performance, with profit surging 156 per cent year-on-year and margins expanding sharply. The upbeat earnings, backed by robust execution and a strong order book, have prompted brokerages to turn positive, with target prices revised higher, indicating potential upside of nearly 20 per cent from current levels.
Operating performance saw significant improvement, with Ebitda jumping 111 per cent YoY to Rs 1,753 crore from Rs 831 crore. Ebitda margins expanded by 500 basis points to 14.2 per cent from 9.2 per cent a year ago, reflecting better operating leverage and cost efficiencies. The company also announced a final dividend of Rs 1.40 per share for FY26, rewarding shareholders after a strong earnings recovery.
Following the robust earnings, BHEL shares rallied sharply in the market, hitting a fresh 52-week high. The stock surged more than 13 per cent to trade around Rs 399 apiece, as investor sentiment turned positive on the back of strong profitability growth and margin expansion.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
