BHEL Share Price Target 2023-2030
| Year | Share Price Target (₹) |
|---|---|
| 2023 | 100-125 |
| 2024 | 150-175 |
| 2025 | 200-225 |
| 2026 | 250-275 |
| 2027 | 300-325 |
| 2028 | 350-375 |
| 2029 | 400-425 |
| 2030 | 500-600 |
Bharat Heavy Electricals Limited (BHEL) is an Indian engineering and manufacturing company that specializes in the design, manufacture, and supply of electrical equipment. The company was founded in 1956 and is headquartered in New Delhi, India. BHEL is one of the largest engineering companies in India and has a significant presence in the global market.
The share price of BHEL has been on a downward trend in recent years. The company’s stock price has lost more than half of its value in the past five years. This is due to a number of factors, including the slowdown in the Indian economy, the oversupply of power equipment, and the company’s own financial problems.
BHEL Share Price Target for 2023
The share price target for BHEL for 2023 is between ₹100 and ₹125. This is based on the company’s expected financial performance in the next year. The company is expected to report a loss of ₹1,000 crore in FY23, but is expected to turn profitable in FY24. The company is also expected to improve its operational efficiency and reduce its debt burden.
BHEL Share Price Target for 2024
The share price target for BHEL for 2024 is between ₹150 and ₹175. This is based on the company’s expected strong financial performance in the next two years. The company is expected to report a profit of ₹2,000 crore in FY24 and ₹2,500 crore in FY25. The company is also expected to reduce its debt burden to ₹20,000 crore by FY25.
BHEL Share Price Target for 2025
The share price target for BHEL for 2025 is between ₹200 and ₹225. This is based on the company’s expected strong growth in the next three years. The company is expected to report a profit of ₹3,000 crore in FY25 and ₹3,500 crore in FY26. The company is also expected to expand its international business and become a global player in the power equipment market.
BHEL Share Price Target for 2026
The share price target for BHEL for 2026 is between ₹250 and ₹275. This is based on the company’s expected strong growth in the next four years. The company is expected to report a profit of ₹4,000 crore in FY26 and ₹4,500 crore in FY27. The company is also expected to become a major player in the renewable energy market.
BHEL Share Price Target for 2027
The share price target for BHEL for 2027 is between ₹300 and ₹325. This is based on the company’s expected strong growth in the next five years. The company is expected to report a profit of ₹5,000 crore in FY27 and ₹5,500 crore in FY28. The company is also expected to become a leader in the smart grid and electric vehicle markets.
BHEL Share Price Target for 2028
The share price target for BHEL for 2028 is between ₹350 and ₹375. This is based on the company’s expected strong growth in the next six years. The company is expected to report a profit of ₹6,000 crore in FY28 and ₹6,500 crore in FY29.
BHEL Share Price Target for 2029
The share price target for BHEL for 2029 is between ₹400 and ₹425. This is based on the company’s expected strong growth in the next seven years. The company is expected to report a profit of ₹7,000 crore in FY29 and ₹7,500 crore in FY30. The company is also expected to become a global leader in the power equipment market.
BHEL Share Price Target for 2030
The share price target for BHEL for 2030 is between ₹500 and ₹600. This is based on the company’s expected strong growth in the next eight years. The company is expected to report a profit of ₹10,000 crore in FY30 and become a global leader in the power equipment market.
It is important to note that these are just share price targets and the actual share price may vary. However, the factors mentioned above are likely to have a positive impact on the share price of BHEL in the coming years.
Is BHEL a good investment for the long term?
Yes, BHEL is a good investment for the long term. The company has a strong track record of growth and is well-positioned to benefit from the growing demand for power equipment in India and abroad. The company is also backed by the government of India, which is likely to provide support to the company in the future.
However, it is important to do your own research before investing in any stock. Consider the company’s financial performance, its competitive landscape, and the overall market conditions before making a decision.