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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 gained 3.81% to a high of Rs 170.15 on BSE. Later, they closed at Rs 169.30, gaining 3.29% on BSE.
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