The federal government has additionally retained an oversubscription choice to promote an extra 6.96 crore shares, equal to 2% fairness, which might take the overall potential divestment to 17.41 crore shares, or 5% of the corporate’s fairness capital, if totally exercised.
The shares will probably be offered by a separate, designated OFS window on the BSE and NSE.
The OFS will happen throughout buying and selling hours on Wednesday, commencing at 9:15 am and can shut at 3:30 pm.
On the given ground worth, the federal government will increase Rs 2,653 crore on divestment of three% fairness whereas the quantity will go as much as Rs 4,422 crore if the oversubscription choice is exercised.
BHEL shares at this time ended at Rs 275.90m gaining Rs 1.25 or 0.46% over the earlier closing worth.
BHEL reported a pointy turnaround in its December-quarter efficiency, with web revenue greater than tripling on the again of upper execution and working leverage. The state-owned engineering main posted a web revenue of Rs 382 crore for the third quarter ended December 2025, in contrast with Rs 125 crore in the identical interval final yr, marking a 206% year-on-year leap.Income from operations rose 16% YoY to Rs 8,473 crore from Rs 7,277 crore a yr earlier, reflecting improved venture execution and a stronger order pipeline. Whole earnings for the quarter, together with different earnings, stood at Rs 8,700 crore, up from Rs 7,393 crore within the year-ago interval.
On the fee facet, whole bills rose to Rs 8,188 crore from Rs 7,224 crore within the year-ago quarter. The price of supplies and companies elevated to Rs 6,059 crore, whereas worker profit bills edged up marginally to Rs 1,531 crore. Finance prices declined sequentially to Rs 182 crore from Rs 195 crore within the September quarter, which supplied extra help to profitability.
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