Rs 1,35,000 Crore Order Book: LIC-Backed PSU Heavy Electricals Equipment Company Rallies Over 5 Per cent – Posted Profits Against Loss

The company’s shares have delivered over 90 per cent return in just 1 year.

This President of India-backed electrical equipment and defence stock rallies over 5 per cent and emerges as one of the Top Gainers among F&O stocks.

Today, the shares of Bharat Heavy Electricals Ltd have rallied over 5 per cent and are currently trading at around Rs 247.50 per share on the BSE. The company’s current market capitalization stands at Rs 86,181.07 crore. Additionally, the shares have delivered over 90 per cent return in the past 1 year.

As per the Quarterly Results Q2FY25, Bharat Heavy Electricals Ltd recorded a revenue of Rs 6584 crore compared to Rs 5125 crore representing a growth of 2.26 per cent YoY. The operating profit stood at Rs 275 crore with a margin of 3 per cent compared to a loss of Rs 154 crore. The net profit stood at Rs 106 crore compared to a loss of Rs 63 crore. Looking at the annual performance, the company generated a revenue of Rs 23893 crore in FY24. The operating profit for FY24 was Rs 711 crore with an operating profit margin of 3 per cent with a profit of Rs 282 crore.

According to the shareholding pattern of the company, the promoters hold a 63.17 per cent stake while public investors own 12.65 per cent of the shares. FIIs and DIIs hold 9.48 per cent stake which was 9.10 per cent in Q2FY25 and 14.69 per cent respectively. The President of India holds around 63.17 per cent as per the recent update which is the sole promoter of the company.

Bharat Heavy Electricals Ltd is an integrated power plant equipment manufacturer engaged in the design, engineering, manufacture, erection, testing, commissioning, and servicing of a wide range of products and services for the core sectors of the economy, including power, transmission, industry, transportation, renewable energy, oil & gas, and defense. It is the flagship engineering and manufacturing company of India, owned and controlled by the Government of India.

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Disclaimer: The article is for informational purposes only and not investment advice.