Q2 Earnings Results Live Updates: BHEL Q2 revenue jumps 23.8% YoY to Rs 9,300 crore, EBITDA rises 77%
Bharat Heavy Electricals moved higher in a quarterly results development.
· ET Stocks, NDTV Profit
The analysis
Bharat Heavy Electricals reported Rs 9,300 crore, with movement of 77% and 23.8% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -3.6% on the day at ₹387.60, and has returned -3.8% over three months. It sits 16% below its 52-week high. The capital goods & engineering sector has moved -5.3% over the same period, so Bharat Heavy Electricals is running 1.5 points ahead of its peers.
For Bharat Heavy Electricals, the question is how much of this is already reflected in the price and how much re-rates the capital goods & engineering peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Bharat Heavy Electricals (BHEL) (BHEL), in Capital Goods & Engineering.
- Over three months: Bharat Heavy Electricals (BHEL) -3.8% against Capital Goods & Engineering -5.3% (1.5 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Bharat Heavy Electricals (BHEL)BHEL · Capital Goods & Engineering | ₹387.60 | -3.6% | -6.7% | -3.8% | -16.5% | 0.8× | — |
Capital Goods & Engineering
1M -10.9% · 3M -5.3%
Bharat Heavy Electricals (BHEL)
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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