Bharat Heavy Electricals Limited (BHEL) reported a net profit of ₹376.71 crore for Q1 FY27 on July 16, 2026. This performance marks a return to profitability following a net loss in the same period last year.
BHEL shares fell nearly 2% to ₹409.15 on Thursday despite the positive earnings report. Brokerage firms now hold sharply conflicting views on the stock's future value.
Bullish analysts project a potential 40% upside based on a record order book of ₹2.6 lakh crore. Conversely, bearish outlooks warn of a 63% price crash. Critics suggest the thermal power ordering cycle peaked following a year-over-year decline in FY26 order inflows.