BHEL

May 16 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• BHEL MARCH-QUARTER CONSOL NET PROFIT 5.04 BILLION RUPEES

• BHEL MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 89.93 BILLION RUPEES

Source text: [ID:]

Further company coverage: BHEL.NS

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** Bharat Heavy Electricals BHEL.NS climbs 5% to 227.25 rupees

** Engineering and manufacturing company gets favourable order from Customs Excise and Service Tax Appellate Tribunal (CESTAT) in Delhi

** Says CESTAT set aside earlier order by goods and services tax authorities, imposing tax demand and penalties worth ~538.8 mln rupees ($6.4 mln)

** Adds it will file for refund of the pre-deposit made

** Stock rated "hold" on avg; median PT is 217 rupees, data compiled by LSEG shows

** BHEL down 5.6% YTD, underperforming the energy index .NIFTYENR, which drops ~2% in the same period

($1 = 84.6010 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

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April 24 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• MINOR FIRE INCIDENT IN BHEL BHOPAL

• FIRE CONTAINED, NO DAMAGE OR INJURIES REPORTED

• NO DAMAGE TO MACHINERY, PLANT OR PROPERTY. NO INJURIES OR CASUALTIES OCCURRED

Source text: [ID:]

Further company coverage: BHEL.NS

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April 16 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• SIGNED TECHNOLOGY TRANSFER AGREEMENT WITH BHABHA ATOMIC RESEARCH CENTRE

• AGREEMENT COVERS ELECTROLYSER SYSTEMS FOR HYDROGEN PRODUCTION

Source text: [ID:]

Further company coverage: BHEL.NS

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April 9 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• BHARAT HEAVY ELECTRICALS LTD - ENTERS INTO MOU WITH NUOVO PIGNONE INTERNATIONAL

• BHARAT HEAVY ELECTRICALS LTD - STRATEGIC TIE-UP FOR COMPRESSOR REVAMP IN FERTILIZER SECTOR

• BHARAT HEAVY ELECTRICALS LTD - AGREEMENT TO CONTINUE FOR 10 YEARS

Source text: ID:nBSE7d8p9b

Further company coverage: BHEL.NS

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March 28 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• RECEIVES LOI FROM CSPGCL FOR 2X660 MW KORBA WEST STPP

• GETS ORDER WORTH 118 BLN RUPEES

Source text: ID:nBSE189k5b

Further company coverage: BHEL.NS

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March 25 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• BHEL EXTENDS TECHNOLOGY COLLABORATION AGREEMENT WITH VOGT POWER INTERNATIONAL INC

Source text: [ID:]

Further company coverage: BHEL.NS

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** Shares of Power Mech Projects POMP.NS jump as much as 8.2% to a 2-month high of 2,347 rupees, last up 4.5%

** Engineering and construction firm gets 5.79-billion rupee (~$67 million) order from Bharat Heavy Electricals BHEL.NS for civil structure and architechtural work in Jharkhand state

** Order for a period of 32 months

** Year-to-date, POMP down ~16%

($1 = 85.8575 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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** Shares of engineering and manufacturing company Bharat Heavy Electricals Ltd (BHEL) BHEL.NS rise 2.6% to 212 rupees

** Co secures order worth 75 billion rupees ($870 million) from the Gujarat State Electricity Corporation

** Order pertains to the supply of equipment such as boilers, turbines and generators, commissioning and civil works

** Order to be executed within 54 months, BHEL says

** BHEL shares are down 7.5% in 2025 so far, compared to a 5.1% drop in energy index .NIFTYENR and 3.5% slide in public sector enterprises index .NIFTYPSE

($1 = 86.2130 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

March 13 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• BHARAT HEAVY ELECTRICALS LTD - GETS TAX ORDER OF 12.4 MILLION RUPEES

Source text: ID:nBSE8XdbNh

Further company coverage: BHEL.NS

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March 7 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• INVOKED ARBITRATION FOR RECOVERY OF CONTRACTUAL DUES FROM FITWELL CONSTRUCTIONS

• CLAIMS 283.7 MILLION RUPEES IN ARBITRATION CASE

Source text: ID:nNSE7f4Wcl

Further company coverage: BHEL.NS

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** Shares of Welspun Specialty Solutions WELU.BO rise 4.4% to 31.30 rupees after a five-session losing streak

** Steel products maker says declared lowest bidder to supply 4,050 tons of stainless steel seamless boiler tubes to Bharat Heavy Electricals BHEL.NS

** Says total contract value 2.32 bln rupees ($26.6 mln)

** WELU down ~25% so far in 2025 after gaining 12.9% last year

($1 = 87.0800 Indian rupees)

(Reporting by Vijay Malkar)

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March 4 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• BHARAT HEAVY ELECTRICALS - FILES WRIT PETITION AGAINST RPCL FOR WITHHOLDING 4.23 BILLION RUPEES

Source text: ID:nBSE5ZJrGw

Further company coverage: BHEL.NS

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Feb 21 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• BHARAT HEAVY ELECTRICALS - DIPON GULF GENERAL CONTRACTING FILES ARBITRATION AGAINST CO

• BHARAT HEAVY ELECTRICALS LTD - ARBITRATION INVOKED FOR ADDITIONAL WORK AT MAITREE PROJECT

• BHARAT HEAVY ELECTRICALS LTD - CLAIMANT SEEKS USD 29.7 MILLION IN ARBITRATION

Source text: ID:nNSE85NPcz

Further company coverage: BHEL.NS

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Feb 18 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• BHEL - ARBITRATION INITIATED AGAINST BHEL

• BHEL - CLAIM OF $3.1 MILLION, 37.9 MILLION RUPEES MADE AGAINST BAP-RANIPET

• BHEL - CLAIM MADE BY DUCON TECHNOLOGIES, USA AND DUCON INFRATECHNOLOGIES

Source text: ID:nBSEbzZQvz

Further company coverage: BHEL.NS

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Feb 14 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• BHARAT HEAVY ELECTRICALS LTD - RECEIVES LOI FROM SCCL FOR 1X800 MW PROJECT

• BHARAT HEAVY ELECTRICALS LTD - ORDER SIZE 67 BILLION RUPEES

Source text: ID:nNSE4NtkFf

Further company coverage: BHEL.NS

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** Shares of Bharat Heavy Electricals Ltd (BHEL) BHEL.NS up 2% to 206 rupees in early trade

** Industrial equipment maker wins order worth 80 bln rupees ($910 million) from Maharashtra State Power Generation Company

** Separately, co in consortium with Hitachi Energy India HITN.NS, wins another order from Rajasthan Part 1 Power Transmission

** Co did not disclose value of the second order

** Stock trims YTD losses to 10%

($1 = 87.9275 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

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Jan 28 (Reuters) - India's Bharat Heavy Electricals (BHEL) BHEL.NS reported third-quarter profit below estimates on Tuesday as a surge in expenses outweighed a modest rise in power demand.

The power and industrial equipment manufacturer reported a net profit of 1.25 billion rupees ($14.5 million) for the three months ended Dec. 31, compared to a loss of 2.13 billion rupees a year earlier.

Analysts, on average, had estimated a profit of 1.68 billion rupees, as per data compiled by LSEG.

BHEL's total expenses surged 31% to 72.25 billion rupees, owing to a 22% rise in input costs. It also incurred 9.07 billion rupees worth of "other expenses", without specifying details.

Meanwhile, domestic power generation rose in the October-December quarter, although it grew only 3% compared to 12% a year earlier. Power growth slowed down in the latter half of 2024, Reuters reported earlier this month.

The slowdown in power generation comes in line with the country's manufacturing activity growth, which remained tepid for two of the three months in the period but grew on a year-on-year basis.

Revenue from operations jumped nearly 32% to 72.77 billion rupees in the quarter, owing to a 32% rise in revenue from the power segment.

BHEL is the first among its peers to report quarterly results, with larger rival Tata Power TTPW.NS set to post quarterly earnings next month.

($1 = 86.5150 Indian rupees)

(Reporting by Manvi Pant in Bengaluru; Editing by Varun H K)

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Jan 21 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• ARBITRAL TRIBUNAL GIVES AWARD FOR ARBITRATION FILED BY BHEL AND CO

• ARBITRATION AWARD SAYS BHEL ENTITLED TO RISK AND COST OF 12.6 MILLION RUPEES AND INTEREST

Source text: ID:nBSE149pt0

Further company coverage: BHEL.NS

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Jan 13 (Reuters) - Auro Impex & Chemicals Ltd AURX.NS:

• AURO IMPEX & CHEMICALS - RECEIVES ORDER WORTH 56.1 MILLION RUPEES FROM BHEL

Source text: ID:nNSE9Pw8wV

Further company coverage: AURX.NS

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Jan 10 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• BHEL SIGNS MOU WITH ONGC FOR EXPLORING JOINT PROJECTS

• CO, ONGC SIGN MOU FOR JOINT PROJECTS IN RENEWABLE ENERGY

• PACT INCLUDES FUEL CELL, ELECTROLYSER, BATTERY ENERGY STORAGE PROJECTS

• BHEL SIGNS MOU WITH ONGC FOR EXPLORING JOINT PROJECTS

Source text: ID:nBSE1ynPFY

Further company coverage: BHEL.NS

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Jan 8 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• COMMISSIONS TWO UNITS OF 6X170 MW PUNATSANGCHHU-II HYDROELECTRIC PROJECT

• PHEP-II EXECUTED UNDER BILATERAL AGREEMENT BETWEEN INDIA AND BHUTAN

Source text: ID:nBSEbG2htX

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Nov 20 (Reuters) - Alkosign Ltd ALKO.BO:

• ALKOSIGN LTD - RECEIVED ORDER BHARAT HEAVY ELECTRICALS

• ALKOSIGN LTD - RECEIVED ORDER FROM BHARAT HEAVY ELECTRICALS WORTH 990.7 MILLION RUPEES

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Nov 12 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• BHEL - EMERGED AS SUCCESSFUL BIDDER FOR THERMAL POWER PLANT BY NTPC

Source text: ID:nBSE1LHntJ

Further company coverage: BHEL.NS

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Oct 28 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• BHARAT HEAVY ELECTRICALS Q2 NET PROFIT 966.7 MILLION RUPEES

• BHARAT HEAVY ELECTRICALS Q2 REVENUE FROM OPERATIONS 65.84 BILLION RUPEES

Source text: ID:nBSETt2Y2

Further company coverage: BHEL.NS

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Sept 24 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• SEALMATIC INDIA LTD - GETS ORDER TO SUPPLY MECHANICAL SEALS FOR POWER PLANT THROUGH BHEL

Source text for Eikon: ID:nBSE18twYn

Further company coverage: BHEL.NS

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** Shares of Bharat Heavy Electricals (BHEL) BHEL.NS climb as much as ~3% to 274 rupees, last up 1.7%

** The power and industrial equipments maker got order worth 61 bln rupees (about $731 mln) from NTPC NTPC.NS

** Order for supply of engineering, procurement and construction parts for a thermal power plant

** Analysts' avg rating on stock is "hold", in-line with rating on peers Power Grid Corp PGRD.NS and ABB India ABB.NS - LSEG data

** Median PT on BHEL is at ~23% discount on last close

** Stock up ~40% YTD vs 38% rise in Nifty public sector enterprises index .NIFTYPSE, of which BHEL is a constituent

($1 = 83.4510 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

Aug 26 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• BHEL- RECEIPT OF ORDERS FROM ADANI POWER, MAHAN ENERGEN

• BHEL- VALUE OF 3 ORDERS AGGREGATING TO MORE THAN 110 BLN RUPEES

Source text for Eikon: [ID:]

Further company coverage: BHEL.NS

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Aug 16 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• GOT VAT ASSESSMENT ORDER FOR FY 2014-15 WITH DEMAND OF 6.2 MILLION RUPEES

Further company coverage: BHEL.NS

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July 31 (Reuters) - Bharat Heavy Electricals Ltd BHEL.NS:

• BHARAT HEAVY ELECTRICALS Q1 NET LOSS 2.13 BILLION RUPEES

• BHARAT HEAVY ELECTRICALS Q1 REVENUE FROM OPERATIONS 54.85 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: BHEL.NS

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