GgoogleIN BusinessMarkets first seen 13 d ago, last 5 d ago, peak #3
BHEL shares hit record high after profit doubles
Original: bhel share
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.
Why now: BHEL's strong quarterly profit doubling and record share price have put the PSU stock in the market spotlight.
Evidence
- BHEL Q2 net profit more than doubles to ₹821 crore · ET EnergyWorld
- BHEL Share Price Today Near High, Fundamentals in Focus · Univest
- BHEL Share Price: PSU stock hits record high, jumps 5%; is the rally set to continue? · Zee Business
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