BHEL shares target price: Domestic brokerage firms continue to remain positive on Bharat Heavy Electricals (BHEL), suggesting up to 50 per cent upside in the multibagger PSU stock.
Alongside Suzlon, state-run BHEL is expected to have a positive quarter with a 12% revenue rise, driven by a pickup in execution and increasing share of new orders, the brokerage said.
MOSL listed BHEL, Hindustan Aeronautics Limited (HAL), Bharat Dynamics Limited (BDL), Astra Microwave and Zen Technologies as its major picks post the DAC's approval.
Companies like Adani Green, Jindal Power, JSW Energy, and Adani Power Ltd are currently leading the pack in the Day-Ahead Market (DAM) segment, as per market share, the brokerage noted.
According to JM Financial, BHEL, Waaree Energies , Apar Industries, ABB India and Craftsman Automation were among the top capital goods buys of mutual funds in February 2026.
At the India Today Conclave, Anil Agarwal, Chairman of Vedanta Resources, shares his insights on India’s resource imports, industrial capacity, and self-reliance. Highlighting that over 90% of oil, 95% of copper, and almost 100% of gold are imported, Agarwal emphasises that India once known as the “Golden Bird” still has immense untapped potential. He discusses the capabilities of government-run industries like BHEL, NTPC, and the Nuclear Corporation, noting that they can increase production tenfold and even twentyfold. Agarwal also addresses concerns around LPG and gas availability, the role of privatization, and the country’s ability to achieve self-sufficiency in mining and industry. Moderated by Siddharth Zarabi, Group Editor of Business Today, this session offers an in-depth look at India’s economic strengths, challenges, and the path to becoming a truly developed nation.
Nalco, Vishal Mega Mart, IREDA, 360 ONE WAM, Coforge and Paytm saw 10-16 per cent jump in MF share purchases in February. These stocks were down 4-28 per cent for the month.
An analyst from Master Capital Services said that ABB India has registered a bullish breakout from a broader consolidation pattern, signalling continuation of the prevailing uptrend.
The rising military conflict in West Asia between the US-Israel and Iran had triggered a sharp boil in crude oil prices, with ample fears of shortage of supply of natural gas through Straight of Hormuz.
"Given the current geopolitical developments, we envisage higher probability of a scenario of persistently high LNG prices and intense summer," JM Financial added.
JM Financial JM Financial believes that India's power and utilities sector is facing heightened uncertainty as peak summer demand for electricity is forecast to surge.




