On February 11, 2025, the share price of Bharat Heavy Electricals Limited (BHEL) fell by approximately 3%, reaching a low of ₹195.90 at 10:40 AM, after opening at ₹203.05. Currently, BHEL share price is hovering near its 52-week low of ₹185.20.
BHEL reported a significant increase in its consolidated net profit for the December quarter of 2024-25, rising more than twofold to ₹134.70 crore. This growth was primarily driven by higher revenues. In the same period last year, BHEL had posted a profit of ₹60.31 crore. Total income for the quarter increased to ₹7,385 crore, up from ₹5,599.63 crore in the year-ago period.
BHEL has secured a Letter of Award (LOA) from Maharashtra State Power Generation Company (MAHAGENCO) for a 2×660 MW Boiler, Turbine, and Generator (BTG) package at the Koradi Thermal Power Station.
Additionally, BHEL has received a Letter of Intent (LOI) from Rajasthan Part I Power Transmission Limited, a Special Purpose Vehicle under Adani Energy Solutions Limited, for the BF800 High Voltage Direct Current (HVDC) project.
BHEL, in collaboration with Hitachi Energy India Limited (HEIL), has also received a Letter of Intent for designing and executing the HVDC link, along with associated AC substations, to transmit renewable energy from Bhadla III (Rajasthan) and Fatehpur (Uttar Pradesh). The project is subject to a contract to be executed at a later date.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 11, 2025, 11:24 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates