If you’re looking for the safe diversified PSU stock to invest in, then BHEL is a suitable choice and in this post will look at the BHEL share price target 2024, 2025, 2026, 2027, 2028, 2029, and 2030 & 2040.
Along with the Bharat Heavy Electricals Limited share price target, we’ll take a look at the company’s profile, FIIs Holdings, Industry PE, ROCE, Intrinsic value, ROE, their peer &competitors, technical charts, fundamental analysis, strength & weakness, market cap, shareholding patterns, and much more.
After reading this post, we must say that you might able to decide whether this diversified PSU stock of engineering and electrical equipment should be there in your portfolio or not?
A Brief Overview of Bharat Heavy Electricals Limited (BHEL) History
The Bharat Heavy Electricals Limited (traded as BHEL) is an Indian Public Sector Undertaking and known for their engineering and electrical equipment in various sector such as Aerospace, Defense, Renewables, Power, Nuclear, etc. under the assistance of Government of India. The BHEL was founded in 1956 under the administration of Ministry of Heavy Industries.
A few years ago, the company BHEL also granted a Maharatna status from the Government of India. Their headquarter is located in New Delhi India. On 2003, the BHEL was listed through IPO in NSE and BSE.
However, the Bharat Heavy Electricals Limited (BHEL) incorporated with an aim of providing engineering solutions in the field of defense, power, renewables, rail transport, thermal power station, infrastructure, and energy solutions.
This Maharatna company also specialize in the electrical equipment and battery manufacturing. In this detailed blog post, we will get an idea and explore the BHEL share price target for 2024, 2025, 2026, 2030, and up to 2040.
BHEL comes in news that they may going to commission 9GW thermal projects in this fiscal year. Also, BHEL has recently commissioned the largest floating solar power project in India.
Just because of strong futuristic and innovative technology, we can say the BHEL is might prove as a multibagger stock. That’s why, we will take a look and predicts the potential and forecast BHEL share up to the year 2040 for the long term investment.
| Company Type- | Large Cap Company |
| Expertise or Industry- | Engineering and Electrical Equipment |
| Ticker Symbol- | NSE- BHEL. BSE- 500103. BSE- SENSEX. Nifty Next 50 Constituent. |
| Traded As (Listed In)- | National Stock Exchange (NSE). Bombay Stock Exchange (BSE). |
| Founded In- | 1956 |
| Founders- | Government of India |
| Headquarters- | New Delhi, India |
| Key People- | K.S. Murthy (Chairman & Managing Director) |
| Area Served- | India and other countries |
| Parent Holders- | Ministry of Heavy Industries, Govt. of India |
| Subsidiaries- | NTPC BHEL Power Projects Private Limited. Dada Dhuniwale Khandwa Power Limited. Latur Power Company Ltd. BHEL-GE Gas Turbine Services Pvt Ltd. Powerplant Performance Improvement Ltd. |
| Official Website- | bhel.com |
Fundamental Analysis of Bharat Heavy Electricals Limited (BHEL)
Currently, the BHEL Share Price today– Rs 241.20.
With the help of their fundamental analysis, we will get to know strong foundation of company in stock market and with technical analysis, we may get an idea of BHEL share price target tomorrow. For this, we need to look at several parameters such as PE ratio, PB ratio, Beta, Dividend Yield, Book Value, OPM, PAT, ROE, ROCE, EPS, and so on. So, below is table of data that will give you an idea about the financial data analysis of BHEL shares in the Indian Stock Market.
| Market Cap- | ₹ 84,510 Cr. |
| Total No. of Shareholders- | 19.96L |
| Total No. of Shares- | 348 Crores |
| P/E Ratio- | 189.00 |
| P/B Ratio- | 3.17 |
| Face Value- | ₹ 2.00 |
| Book Value (TTM)- | ₹69.50 |
| EPS (TTM)- | Rs.1.28 |
| Dividend Yield- | 0.10% |
| Beta- | 2.04 |
| Promoter Holding- | 63.17% |
| ROE- | 1.13% |
| ROCE- | 3.37% |
| Debt to Equity- | 0.38 |
BHEL Share Price Targets
With the strong order book won from the government projects to help out the companies of different sectors for providing engineering solutions. As a PSU stock, the BHEL has potential with strong growth in the upcoming years. In 2024, BHEL has already broken their 52-week high of ₹335.
With this result, we may predict that this PSU share with a traded name BHEL is going to perform amazing in the upcoming 10-15 years by giving good returns to their investors. So, below we are providing the BHEL Stock Price Target 2024, 2025 and up to 2040.
It may also be noted that the table below displays information of BHEL Share Price Targets of all the particular years are just for education and learning purposes. Always consult with your financial advisor before making any investments.
BHEL Share Price Target 2024
| Year | BHEL Stock Price in 2024 |
| 2024 | ₹197 to ₹340. |
BHEL Share Price Target 2024– Currently, market is in correction phase and all the PSU stocks are in a correction phase so we can predict that the BHEL share will be in a range of Rs. 197 to Rs. 340 by the end of 2024.
BHEL Share Price Target 2025
| Year | BHEL Stock Price in 2025 |
| 2025 | ₹341.00 to ₹397.75. |
BHEL Share Price Target 2025– As the growing economy, India is investing a lot in defense sector so that India will be a self-dependent in defense in upcoming years. This will result a massive boom in the PSU stocks like BHEL. With our prediction, the BHEL Stock has chances to lie in the range of Rs. 346.00 to Rs.460.75 by the end of 2025.
BHEL Share Price Target 2026
| Year | BHEL Stock Price in 2026 |
| 2026 | ₹398.20 to ₹502.35. |
BHEL Share Price Target 2027
| Year | BHEL Stock Price in 2027 |
| 2027 | ₹503.00 to ₹595.50. |
BHEL Share Price Target 2028
| Year | BHEL Stock Price in 2028 |
| 2028 | ₹596.80 to ₹660.55. |
BHEL Share Price Target 2029
| Year | BHEL Stock Price in 2029 |
| 2029 | ₹661.40 to ₹730.10. |
BHEL Share Price Target 2030
| Year | BHEL Stock Price in 2030 |
| 2030 | ₹731.65 to ₹822.55. |
BHEL Share Price Target 2030– Considering positive stock market and expansion or upgradation in the order book of BHEL with new innovative technologies, the BHEL stock looks positive and good in terms of long-term returns (CAGR). For long term investment this PSU stock has potential and their price will lie in the range of Rs.731.65 to Rs.822.55 by the end of 2030.
BHEL Share Price Target 2035
| Year | BHEL Stock Price in 2035 |
| 2035 | ₹823.85 to ₹880.60. |
BHEL Share Price Target 2035– the BHEL stock prediction for 2035 will lie between Rs.823.85 to Rs.880.60 as the Indian government is step out towards the renewables power and BHEL plays the major role here because power is a need of the country and economy.
BHEL Share Price Target 2040
| Year | BHEL Stock Price in 2040 |
| 2040 | ₹881.30 to ₹980.95. |
BHEL Share Price Target 2040– Considering increase in OPM, reserves, profit after tax, good PEG ratio, and strong promotors holding, the BHEL share will might lie between the price range of Rs.881.30 to Rs.980.95 by the end of 2040. One thing we can say that if you looking for the steady and safe PSU stock with better returns in long term, BHEL is one of them.
Shareholding Pattern of Bharat Heavy Electricals Limited Share
Below is the table that shows the overall shareholders including promotor holding, FIIs, DIIs, etc. in Bharat Heavy Electricals Limited share till September 2024.
| Total Promotor Holding | 63.17% |
| Mutual Funds | 5.82% |
| Other Domestic Institutions (DII) | 8.88% |
| Foreign Institutions (FII) | 9.49% |
| Retail Investors | 10.87% |
| Other Parties | 1.77% |
Strength and Weakness of BHEL Share Price
This portion of the article showcase the strength and weakness of Bharat Heavy Electricals Limited in the Engineering and Electrical Equipment sector so that people can decide whether the stock has potential or not.
| Strength | Weakness |
| Consistent returns in the Nifty Next 50. | Stock PE is very high. |
| Low Debt. | Declining net cash flow. |
| ROCE Improving with Profit margins. | Quarterly weak performance of the stock. |
| High EPS (TTM) growth. | |
| Increment in FIIs, DIIs, and Mutual Funds. | |
| Stock passes the CANSLIM Investment Criteria. |
BHEL Peers and Competitors
Below is the list of companies that shows an amazing competition as we compared their peers to BHEL stock in the Engineering and Electrical equipment sector.
- Suzlon Energy.
- ABB.
- Siemens.
- Hitachi Energy.
- Waaree Energies Ltd.
- CG Power & Industries.
- Triveni Turbine.
- Thermax.
- AIA Engineering.
Final Words about Bharat Heavy Electricals Share Price Target
We hope that you found this educational post helpful about the BHEL share price target and you have learnt a lot of things that makes the stock strong both fundamentally and technically. They always provide excellent engineering and energy solutions to other firms of different sectors such as renewables, railway, infrastructures, defense, and aerospace.
With the above discussion, you can also decide whether you going to choose BHEL stock for long term investment and swing trading.
One thing we must say, the demand for the electrical equipment and engineering solutions in various sector is increasing as we moving forward towards innovative technologies. And this step will definitely help BHEL share to grow steadily and give tremendous returns to the investors in future.
Do your own research properly at your own risk because market is not predictable and news related to PSUs and engineering sector or other scenarios could also impact the growth of BHEL stock price.
Therefore, these BHEL stock price targets should use as a guideline and not as a financial advice. Always perform your owns research and knowledge before making any investments.
We hope that you all do proper research before picking the BHEL share for investment! Please read the Disclaimer below.
