BHEL Hits Highest Since Oct 2024 After Securing Major Order

stock jumped over 3.3% in morning trade on 30th June 2025, hitting ₹272.10 — its highest level since October 17, 2024 — after securing a major ₹6,500-crore order from Adani Power. The engineering giant will supply critical equipment and services, reinforcing its strong presence in the power sector. This deal marks a significant boost for Bharat Heavy Electricals Ltd, which has already rallied 18.61% in 2025 so far. Established in 1964, BHEL plays a vital role in India's industrial ecosystem, servicing sectors like power, transportation, and defence. Despite a rich order book, valuation remains stretched with a P/E of 172.21 and modest ROE of 1.15%, prompting cautious optimism. Still, today’s move reflects strong investor confidence in its execution capabilities. Disclaimer: This post is intended solely for informational purposes and should not be construed as a recommendation to buy, sell, or hold any security. Investors are advised to consult their certified financial advisor before making any investment decisions. Investments in the securities market are subject to market risks. Please read all relevant offer documents and disclosures carefully before investing. Registration granted by SEBI and certification from NISM in no way guarantee the performance of the intermediary or provide assurance of returns to investors. The securities and charts quoted herein, if any, are purely illustrative and are not to be interpreted as recommendatory. Past performance is not indicative of future results.