BHEL Share Price Hits Rs. 390.40, Up 10.78% on Rs. 1,282 Crore Q4 Profit

Overview

• BHEL share price rose 10.78% to Rs. 390.40 after strong earnings, supported by heavy trading volumes.

• The company reported strong financial growth with revenue up 36.9% and net profit jumped 154.5% in Q4.

• Analyst ratings remain mixed on the stock, with the majority giving it a ‘Buy’ rating on Moneycontrol.

Bharat Heavy Electricals share price saw a strong rally on May 4, 2026, after the company reported solid Q4 results. The stock is up 10.78% at Rs. 390.40. The shares opened at Rs. 355 and quickly touched an intraday high of Rs. 398.65, which is also its 52-week and all-time high. The stock stayed close to its upper circuit limit of Rs. 405.25, showing strong buying interest from investors.

Here is an in-depth analysis of the BHEL share price, based on Moneycontrol data.

BHEL Q4 Results Boost Sentiments

BHEL reported a revenue of Rs. 12,310.37 crore, up 36.9% compared to last year. Total income also increased by 37.3% to Rs. 12,562.49 crore.

Net profit in the quarter jumped 154.5% to Rs. 1,282.68 crore. For the full financial year FY26, net profit rose 207.6% to Rs. 1,577.95 crore. These numbers clearly show strong growth in both operations and earnings.

Dividends and Key Metrics

The company has also announced a dividend of Rs. 1.40 per share for FY26. While the dividend yield is low at 0.13%, the payout shows confidence from the management about future cash flow and stability.

Over 4.62 crore BHEL shares exchanged hands today, worth Rs. 1,83,394 lakh. Meanwhile, VWAP (Volume Weighted Average Price) was at Rs. 379.99. It indicates steady upward movement in the near-term.

Current Market Performance

The stock has a market capitalisation of Rs. 1,38,168 crore. Its price-to-earnings (PE) ratio is 169.57, which is higher than the sector average of 55.27. This suggests that the BHEL share price is trading at a premium valuation. The price-to-book (P/B) ratio is also high at 5.58, compared to its book value per share of Rs. 71.15.

The earnings per share (EPS) is Rs. 2.34, which has grown 56.98% year-on-year. The stock has also shown a strong recovery from its 52-week low of Rs. 205.12. It has almost doubled from those levels and is now testing new highs.

BHEL share price chart on Moneycontrol showed gains of 9.59% during the afternoon trade.

Despite good financial growth, analyst sentiment remains mixed. Out of 17 analysts on Moneycontrol, only 35% have given a ‘buy’ rating. 29% suggested ‘sell’, and 12% recommended ‘hold.’ This reflects some caution due to high valuations.

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Investor Outlook

The latest Q4 results show that BHEL has successfully turned a corner. The triple-digit profit growth and the climb to an all-time high stock price show that the market has regained confidence in this Maharatna firm.

While the stock's valuation is now on the higher side, the strong order execution and the added benefit of a dividend make it a key stock to watch in the engineering space. Investors should keep an eye on whether the company can maintain this high growth rate in the coming quarters.

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FAQs

1. What is BHEL share price today?

BHEL share price is currently at Rs. 390.40, showing a strong gain of 10.78% during the trading session. The stock opened at Rs. 355 and quickly moved higher, touching an intraday high of Rs. 398.65. This level is also its 52-week and all-time high. The strong price movement shows high investor interest after the company’s latest earnings report.

2. Why are BHEL shares going up?

BHEL share price is rising mainly due to strong Q4 results. The company reported a big jump in profit and revenue, which boosted investor confidence. Net profit increased by 154.5% in the quarter, while revenue also saw strong growth. High trading volumes and positive sentiment around PSU stocks also supported the rally. These factors together pushed the stock higher.

3. How did BHEL perform in Q4?

BHEL reported revenue of Rs. 12,310.37 crore, which is up 36.9% compared to last year. Total income also grew by 37.3%. The biggest highlight is net profit, which rose 154.5% to Rs. 1,282.68 crore. For the full year FY26, net profit increased by 207.6%. These numbers show strong improvement in both business operations and earnings.

4. Is BHEL stock expensive now?

BHEL stock is trading at a high valuation right now. Its PE ratio is 169.57, which is much higher than the sector average of 55.27. The P/B ratio is also high at 5.58. These numbers suggest the stock is priced at a premium. This is why some analysts remain cautious even after strong results. Investors should watch future earnings closely.

5. Does BHEL pay a dividend?

Yes, BHEL has announced a dividend of Rs. 1.40 per share for FY26. This is 70% of its face value of Rs. 2. However, the dividend yield is low at 0.13%. While the yield is small, the payout shows that the company is confident about its cash flow and future stability. It also adds some value for long-term investors.