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.
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.
From a technical standpoint, BHEL's scrip traded below its 5-day, 10-, 20-, 30-day and 50-day simple moving averages (SMAs) but above the 100-day, 150-day and 200-day SMAs.
BHEL share target price: JM Financial reiterates its positive stance on Bharat Heavy Electricals, based on projected earnings per share for March 2028.
An analyst from Anand Rathi said that the price action of Adani Power is below the 10- and 20-DEMA currently, which is a short-term bearish signal.
BHEL share price: Domestic brokerage firms are divided on Bharat Heavy Electricals with some suggesting a strong upside in the stock citing improving fundamentals, while other see downside.
ICICI Securities said the current trajectory resembled the 2001–2004 phase, which preceded an exponential growth period. It likes State Bank of India, Axis Bank, Larsen & Toubro, BHEL, JSW Energy, NTPC and RIL.
JSW Energy has been tagged with a ‘Buy’ rating and a target price of Rs 697, suggesting a potential upside of over 50% from current levels.
The multibagger stock has risen 208% in three years and gained 645% in five years.





