Bharat Heavy Electricals Limited (NSE:BHEL)
India · Delayed Price · Currency is INR 411.50
-2.85 (-0.69%)
Jun 22, 2026, 3:30 PM IST
Bharat Heavy Electricals Stock Forecast
Stock Price Forecast
According to 20 analysts polled by S&P Global, Bharat Heavy Electricals stock has a consensus rating of "Hold" and an average price target of ₹343.85. The average 1-year stock price forecast is 16.44% lower than the current stock price, while the lowest is ₹140.00 (-65.98%) and the highest is ₹460.00 (+11.79%).
Price Target: ₹343.85 (-16.44%)
Analyst Consensus: Hold
Analyst 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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 8 | 6 |
| Buy | 1 | 1 | 1 | 1 | 2 | 3 |
| Hold | 2 | 2 | 2 | 2 | 1 | 2 |
| Sell | 3 | 3 | 3 | 3 | 4 | 4 |
| Strong Sell | 5 | 5 | 5 | 5 | 5 | 5 |
| Total | 18 | 18 | 18 | 18 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Sell Maintains ₹220.00 | Sell | Maintains | ₹220.00 | -46.54% | Jun 9, 2026 |
| J.P. Morgan | J.P. Morgan | Sell Maintains ₹220.00 | Sell | Maintains | ₹220.00 | -46.54% | May 6, 2026 |
| Prabhudas Lilladher | Prabhudas Lilladher | Sell Downgrades ₹321.00 | Sell | Downgrades | ₹321.00 | -21.99% | May 5, 2026 |
Unknown Analyst ICICI Securities No rating | ICICI Securities | Buy Maintains ₹370.00 → ₹343.00 | Buy | Maintains | ₹370.00 → ₹343.00 | -16.65% | Jan 20, 2026 |
Financial Forecast
Revenue This Year
410.14B
from 337.82B
Increased by 21.41%
Revenue Next Year
532.49B
from 410.14B
Increased by 29.83%
EPS This Year
8.45
from 4.53
Increased by 86.42%
EPS Next Year
12.95
from 8.45
Increased by 53.38%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 415.3B | ||
| Avg | 410.1B | ||
| Low | 405.0B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 22.9% | ||
| Avg | 21.4% | ||
| Low | 19.9% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 9.30 | ||
| Avg | 8.45 | ||
| Low | 7.59 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 105.3% | ||
| Avg | 86.4% | ||
| Low | 67.5% |