⚡ BHEL (Bharat Heavy Electricals Ltd) | ₹261.3 ▲ +6.5%

surged over 6% in today’s trade, marking a decisive breakout and extending the strong rally in capital goods and PSU engineering counters. The stock is witnessing robust investor interest backed by strong Q2 earnings, improved margins, and rising order inflows from the thermal, renewable, and infrastructure segments. 🔍 Technical View Fresh breakout: Price has cleanly moved above the ₹245–₹250 resistance zone with strong follow-through buying and volume surge. EMA confirmation: Stock trades comfortably above its 14-EMA (₹239.9), reaffirming its short-term bullish momentum. RSI strength: RSI (14) at 74.7 indicates strong upward momentum — mildly overbought, but reflective of strong buying interest. Volume spike: Today’s session saw sharp volume expansion, validating the breakout and signaling institutional participation. Support / Resistance: ₹245 – ₹240 / ₹270 – ₹285. Bias: Strongly bullish; minor dips could offer accumulation opportunities near ₹245–₹250 zone. 📈 Fundamental View Strong quarterly results: Q2 FY26 profit rose ~253% YoY to ₹375 crore, with revenue up ~14% YoY at ₹7,512 crore — margins expanding sharply due to better execution and cost control. Order book strength: Robust pipeline from power equipment, defence, and rail projects; renewed demand in thermal and renewables adds multi-year growth visibility. Capex cycle revival: Government’s infrastructure push and increased project allocations are driving sector-wide optimism. PSU rerating theme: Investor sentiment across PSU engineering and power equipment stocks remains buoyant, and BHEL is a prime beneficiary. Analyst view: Broking houses highlight improving return ratios and operational turnaround, projecting near-term targets around ₹280–₹300 if the earnings momentum sustains. 🧭 Summary BHEL is showing strong convergence of technical breakout and fundamental revival. Sustaining above ₹245 keeps the uptrend intact, with potential upside toward ₹280–₹300