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PSU stocks stage strong comeback after poll outcome-led selloff, BSE PSU index up 6%

After two sessions of intense selloff, PSU stocks finally made a strong rebound, led by names like Mazagon Dock, BHEL, Hindustan Aeronautics and others. All constituents of the BSE PSU index surged 4-14 percent.

BHEL shares soar on Rs 3,500 crore order from Adani Power

BHEL has also received an order from Mirzapur Thermal Energy (UP) Private Ltd to construct a 2x800 MW thermal power project at Mirzapur Phase I in Uttar Pradesh.

BHEL gets Rs 3,500-crore order from Adani Power

BHEL secured the order for the establishment of 1,600 MW Thermal Power Plant at Raipur, Chhattisgarh

Buy BHEL; target of Rs 370: ICICI Securities

ICICI Securities is bullish on BHEL has recommended buy rating on the stock with a target price of Rs 370 in its research report dated May 22, 2024.

Stock Radar: BHEL, PI Industries, Metropolis, Sheela Foam, PNC Infratech, Biocon in focus on Wednesday

Grasim Industries, Sun Pharma, Power Grid Corporation, Paytm, Nykaa, Ashoka Buildcon, Dhanlaxmi Bank, GE Power India, Gland Pharma, GMM Pfaudler, HEG, Jubilant FoodWorks, New India Assurance Company, and Unichem Laboratories will announce their March quarter earnings on May 22.

Trade Spotlight: How should you trade Britannia, SAIL, BHEL, Indian Bank, Lupin and others?

The market is expected to consolidate in the coming sessions, though the overall trend remains in favour of bulls.

BHEL Q4 net profit falls 25% to Rs 484 crore, declares dividend

On May 21, BHEL's shares closed trading 2.7 percent higher at Rs 318.8 apiece.

Four investment themes from a fund manager who delivered 102% returns in one year

Prasanna Pathak said that India is planning to bring down the share of logistics in total cost from 14 percent currently to 7 percent, and the biggest beneficiary of this would be the railways sector.

Chartist Talks: Mehul Kothari advises going long on these 2 stocks for the coming week

Kothari, DVP, who has around 15 years of work experience in technical research, is bullish on Balrampur Chini Mills and DCM Shriram for the coming week.

Hot Stocks: Pick Container Corporation of India, Bharat Dynamics, BHEL for 20-25% return in short term

It is advisable to consider buying opportunities in the Nifty at the current market price, targeting potential upside levels ranging from 22,775 to 23,170.

Bharat Heavy Electricals Ltd. is a holding company, which engages in construction of power plants and manufacturing of steam generators, turbine and electric motors. It operates through the following segments: Power and Industry segments. The Power segment comprises thermal, gas, hydro and nuclear power plant businesses apart from new businesses of emission control equipment and spares for Non-BHEL sets. The Industry segment caters to major equipment supplies for a number of industries including transportation, transmission, defence & aerospace, Renewables, downstream oil & gas, Energy storage and electric mobility. The company was founded on November 13, 1964 and is headquartered in New Delhi, India.

Volume	16.01M
52-Wk High	335.35
52-Wk Low	94.80

BHEL.NSE Bharat Heavy Electricals Ltd.

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