BHEL Share Price Surges to 6-Month High After ₹6,500 Crore Order Win from Adani Power

Market Performance

The BHEL share price surged by 3% in early trade on June 30, rebounding from a two-day losing streak. The stock opened at ₹272, marking its highest level in the past six months.

This rally followed the company's disclosure of a substantial order win after market hours on June 27, leading to renewed investor interest and improved sentiment around the stock.

• Current Price: ₹272
• Weekly Gain: Over 3%
• Six-Month Gain: Nearly 17%
• YTD Gain (2025): Around 15%
• 52-Week Low: ₹176 (March 2025)
• 52-Week High: ₹335
• P/E Ratio: 194

Despite a recent dip, BHEL shares have delivered a 55% return from their 52-week low.

Main News

Bharat Heavy Electricals Limited has bagged a significant order worth approximately ₹6,500 Crore (excluding GST) from Adani Power. The company disclosed the development through an official filing with the exchange.

The order involves:

• Scope: Supply of equipment and supervision of erection & commissioning
• Units: Six thermal units of 800 MW each
• Key Equipment: Steam turbine generator and auxiliary systems

This project will be executed in alignment with Adani Power's operational requirements. The order is expected to boost BHEL's execution pipeline and strengthen its presence in the thermal power segment.

Company Details

BHEL, a central public sector undertaking (PSU), is one of India's largest manufacturers of power generation equipment. The company has been focusing on expanding its thermal and renewable energy portfolio and securing high-value orders in the power sector.

This new deal marks one of BHEL's most significant wins in recent quarters, reaffirming its role in large-scale power infrastructure projects.

Stock Performance Snapshot:

• Five-Day Performance: +3%
• Six-Month Performance: +17%
• YTD 2025 Performance: +15%

Adani Power Share Movement

While the focus remained on BHEL, Adani Power shares also marginally increased by over 1%, trading around ₹590 apiece.

• Five-Day Performance: +9%
• Six-Month Performance: +11.5%
• One-Year Performance: -18%

The movement in Adani Power's stock reflects moderate market optimism about the deal, although its longer-term trajectory remains mixed.

Summary

The BHEL share price saw a significant upswing on June 30, driven by a major ₹6,500 Crore order from Adani Power. The deal encompasses the supply and service of equipment for six 800 MW thermal units, underscoring BHEL's robust capabilities in the power sector.

With this development, BHEL not only snapped a two-day losing streak but also touched a six-month high. The stock remains a notable performer in 2025, gaining over 15% YTD.

Both BHEL and Adani Power stocks highlight the significance of this significant deal, and their performance will remain under close market watch in the near term.