BHEL’s earnings may climb multi-fold over FY24–26 supported by strong ordering, improving execution, and the benefits of operating leverage, Antique stock broking said.
BEL shares zoomed 4.35% to a high of Rs 163 on BSE in early deals today. The share has gained 50.76% in one year and risen 59.10% since the beginning of this year.
BHEL s substantial order backlog and expected order inflows make for a compelling investment case. But improving order executions and reducing working capital requirements are crucial