Capital GoodsLarge capRs 143,809 crRs 279.6 cr traded a dayPublic sectorManufacturingEnergy
Close on 2026-08-21
413.00
−0.12%
52-week range90% of the way up
211.09435.95
Market cap
143,809 cr
P/E (TTM)
59.1×
industry 52×
EPS (TTM)
6.99
Revenue YoY
+40.3%
Q1 FY27
Net margin
4.9%
+13.2pt vs a year ago
Growth trend
+3.4pt
vs last quarter’s YoY
1 month
+0.8%
Below 52w high
5.6%
RSI (14)
51
Daily swing
2.7%
average true range
Volume
0.5×
vs 20-day average
Traded
Rs 280 cr
median day
Close200-day averageMaterial filing
260 sessions · hover for the filing behind a move
1 week
−2.06%
1 month
+0.83%
3 months
−1.14%
6 months
+55.94%
1 year
+92.03%
The read
written from the numbers on this page
The evidence leans constructive6 supporting, 1 against, 0 worth knowing
Supporting
trading 26% above its 200-day average
sitting at 90% of its 52-week range, with little overhead supply from trapped buyers
up 92% over twelve months
matches the market's strongest stocks, which has beaten the market by +0.37 points over 20 sessions across 48,607 past signals
4 independent kinds of evidence agree today, which is uncommon
revenue grew 40% year on year in the quarter ending 2026-06-30
Against
futures show a short buildup — new sellers are committing capital
Worth knowing
nothing the data supports either way
BHEL sits in Public sector, Manufacturing, Energy — worth checking whether the whole group is moving together or whether this name is doing it alone.
What would change this read: a close below 327, its 200-day average; a failure to hold the top of its 52-week range; open interest reversing while price keeps going.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
read from the filings, with the figure behind every line
Working3
Revenue +40.3% year on year, Rs 5,487 cr to Rs 7,698 cr.
+40.3%Rs 5,487 crRs 7,698 cr
Net margin moved from -8.3% to 4.9%.
-8.3%4.9%
Profit rose year on year in all 4 of the last 4 quarters.
4
Needs watching
Nothing in the filings stands out either way.
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.
How it has performed
price return over each window, measured against zero
What the scans say today
9 of 47 matched on 2026-08-21
BHEL matches 9 of the 47 scans today, across 4 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
BHEL trades at 59× trailing earnings, below its median of 159× over this window — 63% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
M&A filings were typically +0.23pt vs the market over the next 5 sessions (n=981) · Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093) · Credit rating filings were typically +0.58pt vs the market over the next 5 sessions (n=266)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 40% against the same quarter a year earlier
revenue rose in 3 of the last 4 quarters
Going against it
profit dropped 183% year on year
net margin narrowed from 10.5% to 4.9%
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
2026-06-30 · consolidated
7,698
496
377
1.08
4.9%
Q4 FY26
2026-03-31 · consolidated
12,310
1,711
1,290
3.71
10.5%
Q3 FY26
2025-12-31 · consolidated
8,473
504
390
1.12
4.6%
Q2 FY26
2025-09-30 · consolidated
7,512
485
375
1.08
5.0%
Q1 FY26
2025-06-30 · consolidated
5,487
-622
-456
—
-8.3%
Q4 FY25
2025-03-31 · consolidated
8,993
694
504
1.45
5.6%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+1.4%
Versus 200-day average+26.2%
Below 52-week high-5.3%
Above 52-week low+95.7%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)51.2
Higher closes in last 51 of 5
Six-month return+55.94%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)2.68%
Volume versus 20-day0.5x
Median daily turnoverRs 279.6 cr
Derivatives
near expiry 2026-08-25 · 2026-08-20
Short Buildup
Price down, open interest up. New sellers are committing capital. The most common state in a falling tape, and the one that unwinds hardest if it turns.
Futures basis versus spot+0.46%
Open interest change+1.7%
Put / call ratio0.51
Put wall (support)400
Call wall (resistance)430
Max pain410
How to read this
Open interest is contracts still open, so a rise means new positions and a fall means positions closing. Combined with price direction that gives the state on the left. The walls are the strikes carrying the most open interest near expiry — levels other people are watching, not levels the price is obliged to respect. A future below spot means sellers are paying to be short.
Peers
Capital Goods · 107 classified companies
BHEL trades at 59.1× trailing earnings against an industry median of 52.1× across 102 other classified companies in its industry — more expensive than them, by 13%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.