In the past one month, the stock has zoomed 42.43% while the benchmark Sensex shed 0.87% in the same period.
It is a leading power equipment manufacturer in the world and one of India’s largest engineering and manufacturing enterprises in the energy and infrastructure sectors.
The key products include gas turbines, generators, thermal sets, diesel shunters, turbo / hydro sets, circuit breakers, transformers, switch gears and boilers.
“Atmanirbhar Bharat” enables equipment localization, which is supported by BHEL’s strategy of partnering with global OEMs to leverage manufacturing facilities, which will be a positive catalyst in the future.
BHEL has made significant contributions to the development and promotion of solar energy over the last three decades, in addition to conventional power plants (thermal, hydro, and gas). With a current solar portfolio of more than 1 GW, BHEL provides EPC solutions for grid-interactive and off-grid, ground mounted, rooftop, floating, and canal top solar plants.
Aside from the thermal power sector, BHEL provides a diverse range of products to major sectors of the Indian economy. With a focus on non-coal-based business growth, the company provides comprehensive solutions for transportation, transmission, and renewables, energy storage systems and emobility, water management, defence & aerospace, captive power generation and mechanical & electrical industrial products.
Furthermore, BHEL manufactures space-grade solar panels and batteries for space applications.