The state-owned firm informed exchanges that it has reached an important milestone under its Make in India initiative for the rail transportation sector by commencing the supply of underslung traction transformers for the Vande Bharat Sleeper Train project.
Brokerage firms continue to remain positive on state-run capital goods major Bharat Heavy Electrical (BHEL) ahead of its results for the quarter ending December 31, 2025.
JSW Energy revenue is likely to jump 79 per cent YoY to Rs 4,368 crore, led by incremental contribution in generation from acquisition of KSK Mahanadi, Unit-II of Utkal TPP and Mytrah, JM Financial said.
Ahead of Budget 2026, sources say the Coal Ministry has proposed a massive ₹35,000 crore incentive package for coal gasification, nearly quadrupling the existing ₹8,500 crore corpus announced in 2024. The proposed viability gap funding aims to support India’s transition towards cleaner coal and could benefit major PSUs and private players including Coal India, BHEL, GAIL, NTPC and NLC. The move is expected to help reduce annual imports by up to $15 billion and support India’s target of 100 million tonnes of coal gasification by 2030, subject to cabinet approval.
An analyst from Arihant Capital said that Suzlon Energy is maintaining a lower top lower bottom formation on the daily charts, which is a sign of weakness.
Budget 2026 just weeks away, the mining sector is emerging as a key area of focus for the government. Sources indicate that the Ministry of Coal has proposed a ₹35,000-crore incentive package for coal gasification, a sharp increase from earlier allocations. The move could provide a major boost to both PSU and private players, including Coal India, BHEL, GAIL, NTPC, NLC and SAIL. The proposal aligns with India’s low-carbon transition goals, targeting 100 million tonnes of coal gasification by 2030, while also helping reduce import dependence. Markets will closely watch budget announcements for clarity on incentives, rare minerals policy and private sector participation.
BHEL shares: Bharat Heavy Electricals gained nearly 5 per cent on Friday to Rs 285.50 with a total market capitalization of Rs 96,000 crore.
BHEL stock slipped 10.34% to Rs 272.30 on Thursday. Market cap of the firm stood at Rs 94,816 crore.
BHEL shares plunged 10.34 per cent to settle at Rs 272.30 apiece on Thursday. Antique said a blanket regulatory act of this kind was extremely unlikely.
Stocks including IREDA, Power Grid, BHEL, Bajaj Finserv, BEL, Bharat Forge, NHPC, Power Mech, RVNL, Elecon Engineering and more will be in the spotlight on Friday, January 09.
India plans to scrap curbs on Chinese firms bidding for government contracts. Reuters reported that the restrictions, in place for years, may be lifted, allowing Chinese companies to bid for capital goods projects. This potential policy shift triggered a sharp sell-off in domestic capital goods stocks, with BHEL crashing 8% to Rs 279. Market Expert Sharmila Joshi analyses the negative impact on domestic PSUs like L&T, Siemens, and BHEL. Joshi questions the logic given the security concerns and notes that this could mean 'lesser opportunities or more competition for the domestic companies' in sensitive sectors like defense and infrastructure.





