Bharat Heavy Electricals Limited (NSE:BHEL)
India · Delayed Price · Currency is INR 394.95
+7.35 (1.90%)
Nov 2, 2026, 3:29 PM IST
Bharat Heavy Electricals Stock Forecast
Stock Price Forecast
According to 19 analysts polled by S&P Global, Bharat Heavy Electricals stock has a consensus rating of "Hold" and an average price target of ₹436.79. The average 1-year stock price forecast is 10.59% higher than the current stock price, while the lowest is ₹140.00 (-64.55%) and the highest is ₹633.00 (+60.27%).
Price Target: ₹436.79 (+10.59%)
Analyst Consensus: Hold
Price Target
ChartAnalyst Ratings
The average analyst rating for Bharat Heavy Electricals stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 6 | 8 | 8 | 8 | 9 |
| Buy | 2 | 3 | 2 | 2 | 2 | 0 |
| Hold | 1 | 2 | 1 | 1 | 1 | 2 |
| Sell | 4 | 4 | 4 | 4 | 4 | 4 |
| Strong Sell | 5 | 5 | 5 | 5 | 5 | 4 |
| Total | 20 | 20 | 20 | 20 | 20 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Sell Maintains ₹270.00 → ₹335.00 | Sell | Maintains | ₹270.00 → ₹335.00 | -15.18% | Oct 16, 2026 |
| J.P. Morgan | J.P. Morgan | Sell Maintains ₹262.00 | Sell | Maintains | ₹262.00 | -33.66% | Oct 16, 2026 |
Unknown Analyst ICICI Securities No rating | ICICI Securities | Buy Maintains ₹520.00 | Buy | Maintains | ₹520.00 | +31.66% | Jul 18, 2026 |
| Prabhudas Lilladher | Prabhudas Lilladher | Sell Downgrades ₹321.00 | Sell | Downgrades | ₹321.00 | -18.72% | May 5, 2026 |
Financial Forecast
Revenue This Year
428.83B
from 337.82B
Increased by 26.94%
Revenue Next Year
536.34B
from 428.83B
Increased by 25.07%
EPS This Year
10.28
from 4.53
Increased by 126.90%
EPS Next Year
14.70
from 10.28
Increased by 43.04%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.