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BHEL
Trends
- 1
BHEL's stock is in focus after the state-run engineering company reported a second-quarter net profit of ₹821 crore, more than doubling from a year earlier. The stock hit a record high, with analysts raising price targets but remaining divided on whether investors should buy, sell or hold. Traders are weighing the strong results against concerns about the rally's sustainability, keeping bulls and bears actively debating the stock's next move.
- 2
Canara Bank reported a standalone net profit of Rs 5,175 crore for the second quarter, up about 8% year on year, with net interest income jumping 20%. Treasury losses weighed on the overall result. Indian investors are tracking the stock as earnings season continues, with Canara Bank among a batch of companies including BHEL and Groww reporting this week.
- 3
State-run engineering firm BHEL reported Q2 net profit of ₹821 crore, more than double the year-ago figure, and its shares jumped 5% to a record high. Analysts and market commentators are debating whether the rally can continue, with the company's fundamentals and order book in focus as retail interest in PSU stocks grows.
- 4
Canara Bank is among the companies Indian investors are watching as the Q2 earnings season gets underway. A results calendar circulating among market watchers lists the state-run lender alongside BHEL, Groww, HDB Financial, Tata Technologies, Leela Palaces, Ceat and Bajaj Consumer Care as reporting quarterly numbers on October 14. Traders are tracking the stock ahead of the announcement.