BHEL shares fall 4% despite Q2 profit jumping 119% YoY. Should you buy, sell or hold?

Economic Times - Oct 15, 2026

BHEL shares fell 4.3% after rallying on strong Q2FY27 results, even as Nuvama and JM Financial retained their Buy ratings and raised target prices. Brokerages cited margin expansion, improved execution, a healthy order book and favourable thermal power prospects.

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