BHEL is one of the popular stocks that can give a very high return in the next few years. There can be several reasons behind the return on the investments because it is the largest government-owned power generation equipment manufacturer. So, if you planning to invest or already invested then our post BHEL share price target for 2024, 2025, and 2026 may help you to under the stock prediction.
As we know from time to time all the power generation equipment needs to be replaced to work properly. As a result, in the long term, the stock may give a good return to its investor but only for this advantage no one should invest in any kind of stock.
A good investor always takes positions in the stocks at the right price and right with time with proper analysis. For long-term investments, a good investor invests in stock after analyzing the company’s fundamental data and making positions using technical analysis.
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About BHEL
BHEL (Bharat Heavy Electricals Limited) was founded in 1964. The current managing director of the company is Dr. Nalin Shinghal.
BHEL is involved in multiple businesses related to engineering and manufacturing. It is involved in many businesses like Power Generation, Power Transmission, Power Distribution, Renewable Energy, Transportation, Industrial Products, etc.
The BHEL also provides many products and services like Power Plants, Renewable Energy equipment, transmission equipment, Distribution Equipment, Transportation solutions, project management, consultancy services, etc.
Company Fundamentals
As we mentioned above good investors always analyze the companies’ fundamentals before investing in them to make sure that the stock will give them a very high return but if the analysis fails then face minimum loss on the investments.
As of now, there are many resources available paid as well as free that make fundamental analysis free easy, and simple. A lot of retail investors invest in stocks without analyzing the company fundamentals as a result they face a huge loss.
In case you don’t know how to read a company’s fundamental data to know which company is best in a particular industry. From the below video, you can learn a lot about reading and understanding the company’s fundamental data.
Below we shared some important fundamental data of the BHEL company that will help you to analyze the company for investment.
Note: Please cross-check the below-shared information from your broker website or any other trusted website. Please let us know if any information is wrong. The fundamental data was last updated on 18 Feb 2024.
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | ₹1,002 |
| March 2020 | -₹1,468 |
| March 2021 | -₹2,700 |
| March 2022 | ₹445 |
| March 2023 | ₹477 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | ₹42.28 |
| Mar 2023 | ₹611 |
| Jun 2023 | -₹344 |
| Sep 2023 | -₹238 |
| Dec 2023 | -₹149 |
Company Fundamentals
| Market Cap | ₹78,642Cr | ROE | 0.27% |
| P/E Ratio (TTM) | 0.00 | EPS (TTM) | -0.34 |
| P/B Ratio | 3.02 | Div Yield | 0.18% |
| Industry P/E | 67.16 | Book Value | 74.91 |
| Debt to Equity | 0.35 | Face Value | 2 |
Share Holding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 7.77% | 7.23% | 7.04% |
| DIIs | 16.36% | 15.99% | 17.58% |
| Public | 12.71% | 13.62% | 12.23% |
| Promoters | 63.17% | 63.17% | 63.17% |
| Other Holders | 0.0% | 0.0% | 0.0% |
Key Points
- ROE and ROCE of the BHEL company are very poor.
- Over the last 3 years, the BHEL company has delivered almost 3% revenue growth which is also very poor.
- From the last 2 quarters the BHEL company book very huge loss.
- BHEL company is trading at a very high PE so, there are very high chance it can be corrected in the future.
- the net profit and loss of the compnay are very volatile because in some years the compnay has shown a huge loss but in some years shows a good profit.
Quarterly Results Q2FY24
From the last 3 quarters, the BHEL compnay was making losses in a row but the good thing is that its loss is decreasing in each quarter. In the Dec 2023 quarter, the compnay made a net profit of Rs. -149 Crore. You can check the net profit and loss for the last 5 quarters in the above table.
Thumb Rules for Investing
If you are an investor and want to book maximum profit on your investments then you have to follow some basic rules that are shared by many experienced investors from all over the world.
Not only in maximizing the return on your investments these rules also help you to book loss or profit at right so, that you can make more profit and decrease losses in the worst market crash.
Note: There are not sufficient rules that will make you high-level investors. In different stocks and sectors, there are multiple factors investors proper to check before investing in stocks. These things come from knowledge and experience.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case, you invested all the money in one sector, if the sector faces any issue then you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh and invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they do not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
BHEL Share Price Target
In the last 1 year the stock has given more than 210% returns and still looking very bullish on the larger timeframe. The stock is trading near its all-time high and if the stock breaks its all-time high then we can again see 5% to 10% move in the stock very quickly.
If you check the company’s fundamental data you may notice there are many Pros and Cons at this time that we have shared above. The PE is very high, ROE is very low, Quarterly results are very negative, and many more things are very negative.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your analysis or ask your financial advisor before investing. We will be not responsible for any loss or profit.
BHEL share price target 2024
The all-time high of the BHEL stock is Rs. 243.25 and as of now, the stock is trading at Rs. 225.85. In the stock, there is a good opportunity where the chance is very high but the SL is also very big.
If anyone can manage the SL then you can buy BHEL when its all-time high is broken. The SL for the trade can be Rs. 200. The people who have good knowledge about technical analysis and price action then can easily capture the momentum.
BHEL Share Price Target 2025
For the long term, the analysts are bearish on the BHEL stock it is because the Stock is trading at the PE of 902 as of 18 Feb 2024. But as of now, the stock is very bullish and has given good returns in the year.
If you want to invest in the stock in bulk then this is the wrong time. As the stock is trading at a very high PE and in most cases the stock can fall very badly. Once the stock falls and comes to near its real valuation then you can invest in SIP.
BHEL Share Price Target 2026
In 2026, there are very high chance that the stock may correct in 2024 or 2025. Once the stock is corrected then you can invest in SIP mode or bulk if you are getting it at very low prices.
As of now, there is no problem in the stock except for one i.e. very high PE. So, you should wait until the PE starts trading at the level of PE of other companies in the same industry.
FAQs
After the 2008 financial crisis, many stocks were fallen very badly and are still down by more than 70 – 80% from their all-time high. It is good to invest in the stock or not check its firmament data and follow investment rules as well.
The target price for BHEL in 2025 is Rs. 300 and 350 but these targets can be only achieved if everything is positive in the stock and the Indian economy.
The BHEL stock chart with levels is shared above. You can take some ideas from the chart for long-term targets but always focus on price actions, news, and the fundaments data.
Final Words: The stock is very volatile and has a decent market cap. The targets given by Experx are mentioned above with the chart of the stock. BHEL’s share price target for the years 2024, 2025, and 2026 looks very positive if the above resistance is broken. There is a very high chance that the target will be broken in the upcoming month or 2024. Keep checking the fundamental data, price action, and the news.