Bharat Heavy Electricals Ltd. · BHEL

Every Bharat Heavy Electricals Ltd. result whose ten-session window has closed, judged against the last read made before it. Sector index NIFTY ENERGY. Open a result for the full account: the read, the sessions after, the reported figures, and every morning's read that led up to it. The company's own page →

25results judged

4read right

0read wrong

2flat / no call

19unread

44%beat the market

-0.8%avg vs market, 10d

4.6%avg move, T+1

How the reads on it fared

Read	Judged	Right	Flat	Hit rate	Avg vs mkt
strong	1	1	0	100%	+8.5%
favourable	3	3	0	100%	+7.9%
neutral	2	0	2	—	-8.9%
unread	19	0	0	—	-1.8%

A company that is often read strong and often proves it is one the model understands; one that is read strong and keeps lagging is where the model is wrong about a name, and this table is where that shows first.

Reading the rows

T+1: the share's move on the first session after the result, from the close before it
T+10: the move over ten sessions, same base
vs market: T+10 less NIFTY 50's move over the same ten sessions — the number every read is judged on
Run-up: the share's move in the thirty sessions before the result
Result: reported profit growth against the company's own last four quarters: good, in line, bad

Each result

25 judged · newest first · open one

Result	Read	Outcome	T+1	T+10	vs market	Run-up	Result	Why
16 Jul Q1FY27	neutral	neutral	-4.1%	-6.5%	-7.8%	+12%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Went into the result within 3% of its 52-week high. 1 more	›
4 May Q4FY26	strong	right	+2.4%	+6.4%	+8.5%	+45%	no figures	Ran up 45% in the 30 sessions before the result — a good number had little left to reward. No reported figures on file for this quarter, so the result itself could not be judged. 3 more	›
19 Jan Q3FY26	favourable	right	-4.1%	+3.6%	+2.9%	-5%	no figures	Its sector moved +6.6% over the window. No reported figures on file for this quarter, so the result itself could not be judged. 2 more	›
29 Oct Q2FY26	favourable	right	+8.2%	+14.8%	+15.3%	+7%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Its usual reversal pattern did not hold this quarter. 1 more	›
6 Aug Q1FY26	neutral	neutral	-7.1%	-8.9%	-10.1%	-8%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Its usual reversal pattern did not hold this quarter. 1 more	›
16 May Q4FY25	favourable	right	-2.4%	+4.4%	+5.6%	+16%	no figures	Ran up 16% in the 30 sessions before the result — a good number had little left to reward. No reported figures on file for this quarter, so the result itself could not be judged. 2 more	›
28 Jan Q3FY25	—	unread	+4.7%	+6.0%	+5.6%	-24%	no figures	Fell 24% in the 30 sessions before the result — expectations were already low. No reported figures on file for this quarter, so the result itself could not be judged. 3 more	›
28 Oct Q2FY25	—	unread	+8.4%	+10.3%	+10.5%	-18%	no figures	Fell 18% in the 30 sessions before the result — expectations were already low. No reported figures on file for this quarter, so the result itself could not be judged. 4 more	›
31 Jul Q1FY25	—	unread	-2.8%	-8.6%	-5.8%	+4%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Announced during market hours, so the reaction session is the announcement day itself. 2 more	›
21 May Q4FY24	—	unread	-4.5%	-20.0%	-20.4%	+27%	no figures	Ran up 27% in the 30 sessions before the result — a good number had little left to reward. Its sector moved -5.5% over the window. 4 more	›
13 Feb Q3FY24	—	unread	+3.6%	+2.7%	+0.0%	+12%	no figures	Its sector moved +4.1% over the window. No reported figures on file for this quarter, so the result itself could not be judged. 3 more	›
8 Nov Q2FY24	—	unread	+3.0%	+21.5%	+19.7%	+1%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. 16 sector peers reported the same week; the sector read may already have been set. 1 more	›
4 Aug Q1FY24	—	unread	-0.1%	+12.2%	+12.8%	+15%	no figures	Ran up 15% in the 30 sessions before the result — a good number had little left to reward. No reported figures on file for this quarter, so the result itself could not be judged. 2 more	›
26 May Q4FY23	—	unread	+3.9%	+8.7%	+8.3%	+10%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. 8 sector peers reported the same week; the sector read may already have been set. 1 more	›
10 Feb Q3FY23	—	unread	-5.8%	-11.0%	-8.4%	-4%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. 13 sector peers reported the same week; the sector read may already have been set. 1 more	›
11 Nov Q2FY23	—	unread	-5.6%	+9.3%	+8.1%	+33%	no figures	Ran up 33% in the 30 sessions before the result — a good number had little left to reward. No reported figures on file for this quarter, so the result itself could not be judged. 4 more	›
4 Aug Q1FY23	—	unread	-2.9%	-1.7%	-2.3%	+22%	no figures	Ran up 22% in the 30 sessions before the result — a good number had little left to reward. No reported figures on file for this quarter, so the result itself could not be judged. 4 more	›
21 May Q4FY22	—	unread	-5.1%	-4.0%	-5.8%	-5%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Announced during market hours, so the reaction session is the announcement day itself. 2 more	›
27 Jan Q3FY22	—	unread	-2.4%	-5.2%	-6.8%	-8%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. 3 sector peers reported the same week; the sector read may already have been set. 1 more	›
9 Nov Q2FY22	—	unread	-10.1%	-13.0%	-10.2%	+28%	no figures	Ran up 28% in the 30 sessions before the result — a good number had little left to reward. No reported figures on file for this quarter, so the result itself could not be judged. 2 more	›
30 Jul Q1FY22	—	unread	-0.5%	-8.8%	-13.8%	-9%	no figures	The market itself moved +5.1% over the same ten sessions; the raw move is mostly tide. Its sector moved +4.5% over the window. 3 more	›
11 Jun Q4FY21	—	unread	-8.6%	-13.0%	-13.1%	+61%	no figures	Ran up 61% in the 30 sessions before the result — a good number had little left to reward. Its sector moved -4.5% over the window. 4 more	›
6 Feb Q3FY21	—	unread	-11.0%	-9.0%	-7.3%	+29%	no figures	Ran up 29% in the 30 sessions before the result — a good number had little left to reward. Its sector moved +5.3% over the window. 4 more	›
6 Nov Q2FY21	—	unread	+0.9%	+12.2%	+6.8%	-7%	no figures	The market itself moved +5.4% over the same ten sessions; the raw move is mostly tide. Its sector moved +8.1% over the window. 3 more	›
11 Sep Q1FY21	—	unread	-3.1%	-14.3%	-12.2%	+3%	no figures	Its sector moved -4.6% over the window. No reported figures on file for this quarter, so the result itself could not be judged. 2 more	›