₹222 Government Share Got Order From Government Company; 63.2% Government Holding Share
BHEL Share Price The public sector engineering company Bharat Heavy Electricals Limited (NSE: BHEL), on Wednesday announced it has been got the deal from NTPC to construct the 1,600MW Singrauli State-of-the-art Thermal Power Project Phase 3.
We’ll let you know that, the stock started trading with a slight increase. The shares of the company was trading at 222.70, which is risen 1.78 percent.
What Are The Specifics Of The Order?
BHEL announced in a press release that the plant would be built near to the thermal power plant (TPS) located in Singrauli in the Sonbhadra district in Uttar Pradesh.
Singrauli TPS was the first NTPC power plant in Uttar Pradesh which was established in 1982.
The statement stated that earlier installations at the time by BHEL within Singrauli have been working extremely well since they were commissioned.
How Was The Performance Of Bhel In Comparison To Other Companies?
On the last trading day, shares in the company traded at Rs 224.20. The lowest level for intra-day trading of the company is 218.65.
In the past 3 months, share prices have experienced a growth in the range of 17.9 percent. The cost of the shares of the company has risen by 80 percent over six months.
At the same time, those who invest in position have gained 199.93 percent over a year. The 52-week highest level is Rs 350 per share, while the 52-week low levels cost 122.70 per share.
The market capitalization that the business has is 225.99 crore. Let us inform you that the stake of the government is 63.2 percent.
About Bharat Heavy Electricals Ltd (BHEL)
Bharat Heavy Electricals Ltd (BHEL) is India’s biggest sector in the field of engineering and manufacturing energy and manufacturing of power plant equipment.
It was founded in 1964. They are a major maker of power equipment globally and are among the first and major contributors to building the Aatmanirbhar Bharat.
The products and services it offers serve the energy, transportation, power as well as energy, oil and gas, and many other industrial markets.
The company operates in three segments of business: Power, Industry, and International Operations.
The global installed power-generating equipment manufactured by BHEL is greater than 194 GW, which makes it the undisputed top-of-the-line among Indian producers of power plant equipment.
They have built more than 1000 hydro, thermal nuclear, nuclear, gas, and solar PV-based power generation sets.
The majority of the revenues come from India but the company has a significant influence in a variety of areas.
Fundamental Analysis of Bharat Heavy Electricals Ltd (BHEL)
Market Cap | ₹ 76,222 Cr. |
Current Price | ₹ 222.70 |
52-wk High | ₹ 276 |
52-wk Low | ₹ 67.6 |
Stock P/E | — |
Book Value | ₹ 74.9 |
Dividend | 0.18 % |
ROCE | 3.33 % |
ROE | 1.70 % |
Face Value | ₹ 2.00 |
P/B Value | 2.92 |
OPM | 0.72 % |
EPS | ₹ -0.34 |
Debt | ₹ 9,040 Cr. |
Debt to Equity | 0.35 |
Bharat Heavy Electricals Ltd (BHEL) Share Price Target 2024 To 2030
Year | 1st Target | 2nd Target |
2024 | ₹ 200 | ₹ 310 |
2025 | ₹ 360 | ₹ 425 |
2026 | ₹ 455 | ₹ 505 |
2027 | ₹ 600 | ₹ 715 |
2028 | ₹ 800 | ₹ 825 |
2029 | ₹ 900 | ₹ 942 |
2030 | ₹ 1000 | ₹ 1200 |
Bharat Heavy Electricals Ltd (BHEL) Shareholding Pattern
Promoters Holding | |
Dec 2022 | 63.17% |
Mar 2023 | 63.17% |
June 2023 | 63.17% |
Sept 2023 | 63.17% |
Dec 2023 | 63.17% |
FII Holding | |
Dec 2022 | 8.48% |
Mar 2023 | 8.58% |
June 2023 | 7.77% |
Sept 2023 | 7.23% |
Dec 2023 | 7.04% |
DII Holding | |
Dec 2022 | 14.71% |
Mar 2023 | 15.50% |
June 2023 | 16.36% |
Sept 2023 | 15.99% |
Dec 2023 | 17.58% |
Public Holding | |
Dec 2022 | 13.63% |
Mar 2023 | 12.76% |
June 2023 | 12.71% |
Sept 2023 | 13.62% |
Dec 2023 | 12.23% |
Bharat Heavy Electricals Ltd (BHEL) Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
2019 | ₹ 30,441 Cr |
2020 | ₹ 21,463 Cr |
2021 | ₹ 17,309 Cr |
2022 | ₹ 21,211 Cr |
2023 | ₹ 23,860 Cr |
Last 5 Years’ Net Profit:
2019 | ₹ 1,002 Cr |
2020 | ₹ -1,468 Cr |
2021 | ₹ -2,700 Cr |
2022 | ₹ 445 Cr |
2023 | ₹ -120 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
2019 | 0.08 |
2020 | 0.17 |
2021 | 0.19 |
2022 | 0.18 |
2023 | 0.2 |
Last 10 Years’ Profit Growth:
10 Years: | -24% |
5 Years: | 2% |
3 Years: | 32% |
Current Year: | -115% |
Last 10 years’ Return on Equity (ROE):
10 Years: | 1% |
5 Years: | -2% |
3 Years: | -2% |
Last Year: | 2% |
Sales Growth Over 10 Years:
10 Years: | -7% |
5 Years: | -4% |
3 Years: | 3% |
Current Year: | 3% |
Conclusion
This article is a complete guide about Bharat Heavy Electricals Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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