Capital GoodsLarge capRs 149,554 crRs 251.5 cr traded a dayPublic sectorManufacturingEnergy
Close on 10 September 2026
429.50
−0.97%
52-week range94% of the way up
230.94442.65
Market cap
149,554 cr
P/E (TTM)
61.5×
industry 48×
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
+2.3%
Below 52w high
3.1%
RSI (14)
59
Daily swing
2.7%
average true range
Volume
0.6×
vs 20-day average
Traded
Rs 252 cr
median day
Close200-day averageMaterial filing
260 sessions · hover for the filing behind a move
Key metrics
each ranked against every stock scanned tonight
Above the 200-day average
Above the median
+27.4%
One-year return
Top of the universe
+79.3%
Return on capital employed
n/a
Debt to equity
n/a
Profitable quarters, last four
of the last four reported
4 of 4
Cash conversion
cash from operations against reported profit
n/a
Revenue growth, year on year
latest reported quarter
+40.3%
Below the 52-week high
from the highest close of the year
-3.0%
1 week
−0.53%
1 month
+2.26%
3 months
+12.18%
6 months
+65.10%
1 year
+79.26%
The read
written from the numbers on this page
The evidence leans constructive7 supporting, 3 against, 0 worth knowing
Supporting
trading 27% above its 200-day average
sitting at 94% of its 52-week range, with little overhead supply from trapped buyers
up 79% over twelve months
matches growing fast and near a high, which has beaten the market by +0.97 points over 20 sessions across 15,457 past signals
7 of the scans it matches have a positive measured record
4 independent kinds of evidence agree today, which is uncommon
revenue grew 40% year on year in the quarter ending 30 June 2026
Against
1 of the scans it matches has historically underperformed the market
priced at 61× earnings against an industry median of 48× — 28% above its peers
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 337, 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
from the filings and from the price, with the figure behind every line
Working8
Revenue rose 40.3% year on year, from Rs 5,487 cr to Rs 7,698 cr.
+40.3%Rs 5,487 crRs 7,698 cr
Net margin improved from -8.3% to 4.9%.
-8.3%4.9%
Profit rose year on year in all 4 of the last 4 quarters.
4
Trading 27.4% above its 200-day average, which is the line most investors use to separate a bull phase from a bear one.
+27.4%
Within 3.0% of its 52-week high.
-3.0%
Up 79.3% over the past year.
+79.3%
3 different kinds of evidence point at it tonight, not 3 versions of the same one.
3 families
Rs 252 crore changes hands on a median day, so an ordinary order is not the reason it moves.
Rs 252 cr
Needs watching
Nothing on this side tonight — not in the filings and not in the price.
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 3 of these 3 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.
How it has performed
price return over each window, beside the median NSE stock over the same days
What the scans say today
10 of 47 matched on 10 Sep
BHEL matches 10 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 61× trailing earnings, below its median of 156× over this window — 60% 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.
Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202) · M&A filings were typically +0.18pt vs the market over the next 5 sessions (n=1,722) · Credit rating filings were typically +0.38pt vs the market over the next 5 sessions (n=422)
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
30 Jun · consolidated
7,698
496
377
1.08
4.9%
Q4 FY26
31 Mar · consolidated
12,310
1,711
1,290
3.71
10.5%
Q3 FY26
31 Dec · consolidated
8,473
504
390
1.12
4.6%
Q2 FY26
30 Sep · consolidated
7,512
485
375
1.08
5.0%
Q1 FY26
30 Jun · consolidated
5,487
-622
-456
—
-8.3%
Q4 FY25
31 Mar · 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+3.7%
Versus 200-day average+27.4%
Below 52-week high-3.0%
Above 52-week low+86.0%
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)59.1
Higher closes in last 52 of 5
Six-month return+65.10%
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)2.73%
Volume versus 20-day0.6x
Median daily turnoverRs 251.5 cr
Derivatives
near expiry 2026-09-29 · 2026-09-10
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+0.02%
Open interest change+0.4%
Put / call ratio0.62
Put wall (support)430
Call wall (resistance)430
Max pain425
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 · 110 classified companies
BHEL trades at 61.5× trailing earnings against an industry median of 48.2× across 103 other classified companies in its industry — more expensive than them, by 28%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.