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. In the post, you will see the BHEL share price target based on experts analysis.
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) is the largest power generation equipment manufacturer company and it is owned by the Indian government. Not only power generation manufacturers it is also involved in designing, constructing, testing, and much more of more than 180+ products and provides many services.
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 5 August 2023.
Revenue Growth (Last 5 Years)
| Year | Revenues (In Crores) |
|---|---|
| March 2019 | 31,100.32 |
| March 2020 | 22,039.28 |
| March 2021 | 17,678.28 |
| March 2022 | 21,578.90 |
| March 2023 | 23,879.75 |
Quarterly Results (Last 5 Quarters)
It is the total income from operations (net sales/income from operations and other operating income).
| Quarter | Total Income (In Rs. Cr.) |
|---|---|
| Jun 2022 | 4,672.00 |
| Sep 2022 | 5,202.57 |
| Dec 2022 | 5,263.38 |
| Mar 2023 | 8,226.99 |
| Jun 2023 | 5,003.43 |
Company Essentials
| Title | Value |
|---|---|
| MARKET CAP | Rs. 34,455.02 Cr |
| CASH | 6,642.58 Cr. |
| NO. OF SHARES | 348.21 Cr. |
| P/E | 76.99 |
| P/B | 1.26 |
| FACE VALUE | Rs. 2 |
| DIV. YIELD | 0.4 % |
| BOOK VALUE (TTM) | Rs. 78.29 |
| DEBT | Rs. 5,385 Cr. |
| EPS (TTM) | Rs. 1.29 |
| ROE | 1.65 % |
| ROCE | 3.30 % |
| PROFIT GROWTH | 9.09 % |
Share Holding Pattern
| Held By | Holding % |
|---|---|
| FII | 7.77% |
| DII | 16.34% |
| Public | 12.71% |
| Promoters | 63.17% |
| Other Holders | 0.0% |
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 worse 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 the 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 will face 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 did 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 approx last 1 year the stock has given approx 130% returns and still looking very bullish on the larger timeframe. At this time the stock is being rejected due to the profit booking in the stock and there is also a resistance which is not broken in the approx last 5 years. Let analysis BHEL Share Price Target 2024 and 2025 based on technical analysis.
If you check the company fundamental data you may notice there are many Pros and Cons at this time. Some pros and cons are mentioned below that may help you. To get all the pros and cons check BHEL’s fundamental data.
Pros
- The company has cash in a good amount.
- Promoter holding in the company is high
- Near 52-week high
Cons
- The revenue growth of BHEL is not very high
- ROE and ROCE are negative
- Negative Cash flow
BHEL stock currently trading at Rs. 98.95 and the 52-week high of the stock is 107.10 and the 52-week low of the stock is 51.35. The stock is near its 52-week high but not All time high. The data was last updated on 5 August 2023.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your own analysis or ask your financial advisor before investing. We will be not responsible for any loss or profit.
BHEL share Price Targets
In the below table, we shared the BHEL share price target for the next 2 years 2024 and 2025. In case, you want to check targets quickly you can check in the table. If you want to also see levels on the chart of each year check below.
As you know from time to time the fundamental data and stock chart gets updated. Based on the new and updated chart and data the given targets are updated from time to time. So, keep visiting the page regularly to get the new targets for upcoming years.
| Year | Target 1 | Target 2 |
|---|---|---|
| 2024 | 125 | 130 |
| 2025 | 180 | 190 |
BHEL Share Price Target 2024
As we can see the BHEL stock gave a very high return in the last 1 year. In the last 4-5 months it is moving upside on the higher timeframes like weekly and monthly. As we mentioned above there is major resistance at Rs. 112 – 118.
The resistance at rs. 112 – 118 was not broken in the last 5 years and it is also a major resistance. The stock has taken multiple time support and resistance in the few past years. In short, it is a major resistance and it will be not easy to break in near time but anything can happen in the stock market ;).
In 2024, the BHEL share price targets are 125 and 130. These targets are only valid when the stock breaks the resistance of Rs. 112 and 118. As the stock is already given good returns in the past few months so we are not expecting a good move.
BHEL Share Price Target 2025
Remember, the below-shared targets can be only achieved only when the resistance at Rs. 112 – 118 is broken. Once the resistance in the BHEL stock is broken with good volume and a very bullish pattern we can see the target 180 and 190 by the end of 2025.
Once the resistance of Rs. 112 – 118 is broken then based on the new price action we will update/share new targets here.
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. To it is good to invest in the stock or not check its firmament data and follow investments rules as well.
The target price for BHEL in 2025 is Rs. 180 and 190 but these targets can be only achieved if everything is positive in the stock and if the resistance is Rs. 112 – 118 is broken.
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 and 2025 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 in 2024. Keep checking the fundamental data, price action, and the news.