Bharat Heavy Electricals Limited (BHEL) shares rose 2% on July 17, 2026. The stock reached a record ₹445.40 on the BSE during a three-day rally. Strong first-quarter results for fiscal year 2027 and a robust order book drove the upward momentum.
The company reported a Q1 profit after tax of ₹381.9 crore. This performance marks a turnaround from a loss in the same period last year. Revenue increased 40.3% year-on-year during the quarter.
Foreign Portfolio Investors (FPIs) raised their stake to 9.5% in the June 2026 quarter. This represents the third consecutive quarter of increased FPI holdings. The stock has rallied 86% since its April 2026 low.