BHEL Share Price Up by 5%; BSE CAPITAL GOODS Index Up 1.4%
February 4, 2021 11:14 AM

BHEL share price has zoomed 5% and is presently trading at Rs 42.

Meanwhile, the BSE CAPITAL GOODS Index is at 21,786 (up 1.4%).

Among the top Gainers in the BSE CAPITAL GOODS Index today are BHEL (up 5.3%) and SKF INDIA (up 7.7%).

Over the last one year, BHEL has moved up from Rs 39 to Rs 42, registering a gain of Rs 2 (up 6.1%).

On the other hand, the BSE CAPITAL GOODS has moved up from 16,634 to 21,786, registering a gain of 5,152 points (up 30.9%) during the last 12 months.

The top buzzing stocks among the BSE CAPITAL GOODS Index stocks during this same period were LAKSHMI MACHINE (up 89.3%), HAVELLS INDIA (up 88.8%) and BHARAT ELECTRONICS (up 69.2%).

What About the Benchmark Indices?

The BSE Sensex is at 50,250 (down 0.2%).

The top gainers among the BSE Sensex stocks today are ONGC (up 4.5%), M&M (up 4.2%) and BAJAJ FINANCE (up 1.8%). Other gainers include MARUTI SUZUKI (up 1.7%) and NTPC (up 1.5%). The most traded stocks in the BSE Sensex are ITC and ONGC.

In the meantime, NSE Nifty is at 14,795 (down 0.1%). The top gainers in the NSE Nifty include ONGC (up 4.5%), M&M (up 4.2%) and HINDALCO (up 3.2%). Other gainers include COAL INDIA (up 3.0%) and GAIL (up 2.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 39,872 to 50,250, registering a gain of 10,378 points (up 25.79%).

BHEL Financial Update...

BHEL net profit down at Rs 6 billion for the quarter ended September 2020, compared to a loss of Rs 2 billion a year ago. Net Sales declined 39.4% to Rs 34.4 billion during the period as against Rs 56.8 billion in July-September 2019.

For the year ended March 2020, BHEL reported 225.8% decrease in net profit to Rs 14.9 billion compared to net profit of Rs 11.9 billion during FY19.

Revenue of the company grew 29.4% to Rs 215 billion during FY20.

The current Price to earnings ratio of BHEL, based on rolling 12 month earnings, stands at down 5.1x.