Bharat Heavy Electricals Ltd. · BHEL
The daily read · from the close of 6 Oct
That day's whole fieldrank 12 of 856
Nifty in 10 sessions
In the top tenth of the field
+9.4% over 30 sessions · +11.8% vs Nifty over 90 · +18.1% vs its sector · 99% of its 52-week range. Layer percentiles across the field: L2 momentum 86.0, L3 vs market 90.1, L4 vs sector 95.2, L5 own record 87.2. The references are its own median ten-session rise and fall over the past year — arithmetic on its own history, not a price goal.
Its daily score over the last 60 sessions, oldest to newest; green when it sat in the top fifth, red in the bottom fifth. Of the 49 judged, 33 went the way its half of the field leaned.
How it has moved
All performers| Window | Move | vs Nifty | vs sector | vs itself | How it moved | Rank | |
|---|---|---|---|---|---|---|---|
| Week28 Sep on · 6 sessions | +7.9% | +9.5% | +9.3% | 86th pct | 5 of 6 up | 31 of 856 | |
| Month1 Sep on · 24 sessions | +2.1% | +7.5% | +4.8% | 48th pct | 13 of 24 up | 182 of 856 | |
| Quarter7 Jul on · 64 sessions | +16.6% | +23.4% | +23.1% | 56th pct | 32 of 64 up | 148 of 856 | |
| Half year7 Apr on · 125 sessions | +84.0% | +84.8% | +79.7% | 100th pct | 69 of 125 up | 61 of 855 | Stretched |
| Year7 Oct on · 246 sessions | +84.3% | +93.4% | +79.9% | 90th pct | 135 of 246 up | 61 of 855 |
The read
made on the morning of 11 Jul 2026 for Q1FY27Neutral — middle fifth of the companies reporting that week: rank 29 of 69, composite 55.9 out of 100. Moves 4.4% on results on average; falling while the index rises, leads its sector.
A neutral read points neither way; this site tallies it as such in its track record.
How it went: went nowhere much -7.8% vs market over the ten sessions after 16 Jul 2026 — the post-mortem is further down.
A read is a position on a screen, not advice. The label says where the composite ranked, the tally says how often that has gone the way it pointed, and the choice is the reader's.
The read · morning of 11 Jul 2026
for Q1FY27 on 16 Jul 2026Moves 4.4% on results on average; falling while the index rises, leads its sector.
Each layer is a percentile among this week's reporters (0–100). A missing layer's weight is spread over the others.
Composite = 0.30 × 76.2 + 0.20 × 63.2 + 0.30 × 1.5 + 0.20 × 100.0 = 55.9
Reactivity
Over the last 15 results the average absolute move from the session before the announcement to the session after was 4.4%. The largest was 8.4% (Q2FY25). The pre-result trend has continued and reversed in roughly equal measure, so the trend carries no historical information here.
- Typical move (T-1 → T+1)
- 4.4%
- Median move
- 4.1%
- Biggest
- +8.4% (Q2FY25)
- Up after 10 sessions
- 73% of 15
- Mean 10-session return
- +3.4%
- Mean 10-session vs market
- +3.5%
- Volume on result day
- 3.0× normal
- Pattern
- Mixed
Going in
Down 6.4% over 30 sessions, 51.0% over 90 sessions. Sitting at the 87th percentile of its 52-week range. Closed above its 20-day average on 47% of the last 30 sessions. Delivery volumes have been running 2.9 points higher than the 90-day average.
Normally tracks NIFTY 50 at a correlation of 0.47; over the last 30 sessions that has run at 0.29 (1.2 standard deviations from its own norm). Over 30 sessions it has lagged what its beta of 1.56 to the index would account for, by 8.4 percentage points. It has broken from the index while lagging what its beta would account for, which is a caution flag on the screen.
Over 90 sessions it has outperformed NIFTY ENERGY by 45.0 percentage points, and lagged it over the last 30 by 0.9. Strength is showing against both the market and its own pack.
Where it sits
Beats market and sector over 90 sessions: +55.8% against the market, +45.0% against NIFTY ENERGY. Up and right is ahead of both; down and left is behind both.
Numbers behind the scores
- Share of reactions upward
- 47%
- Continuation ratio
- 50%
- Move spread (SD)
- 2.3%
- Average gap at open
- -1.04%
- 30-session return
- -6.4%
- 90-session return
- +51.0%
- Since last result
- +5.4% (46 sessions)
- 20-DMA vs 50-DMA
- +0.0%
- Sessions above 20-DMA
- 47%
- Position in 52-week range
- 87%
- Delivery, 30 / 90 sessions
- 43.0% / 40.0%
- Delivery trend
- 3.0 pp
- Benchmark
- NIFTY 50
- Correlation, 30 sessions / norm
- 0.29 / 0.47
- Correlation break
- 1.22 SD
- Beta, 30 / 90 sessions
- 0.83 / 1.08
- Alpha, 30 sessions
- -8.4%
- Market regime
- distribution
- Sector index
- NIFTY ENERGY
- vs sector, 30 / 90 sessions
- -0.9% / +45.0%
- Sector correlation / norm
- 0.61 / 0.62
- Quadrant score
- 100
- Evidence
- full · 15 results used
- Price band
- lowmid
What its results record says
16 results · ten sessions after each · from the close before the resultThis is the range each past result travelled, on closing prices. It is a description of the past, not a level for the next one, and this site gives no entry, exit or loss-limit levels.
Last 90 sessions
daily candles · adjusted for splits and bonuses · test patterns → · the outlook for the coming hours and days → · week by week: slope, patterns, next four weeks →Against the market and its sector
same 90 sessions · every line starts at 0%Around the last result · Q1FY27
ten sessions in, the result day, ten sessions out · from the close before the resultTen sessions after each result
share vs market vs sector · move from the close before the resultResults record
move from the close before each result| Quarter | Result day | Gap | T+1 | T+10 | Market T+10 | vs market | vs sector | Vol × | Result |
|---|---|---|---|---|---|---|---|---|---|
| Q1FY27 | 17 Jul 2026 | +2.2% | -4.1% | -6.5% | +1.3% | -7.8% | -5.0% | 2.7 | Rev 40% · PAT -183% YoY |
| Q4FY26 | 5 May 2026 | +0.8% | +2.4% | +6.4% | -2.1% | +8.5% | +9.8% | 1.3 | Rev 37% · PAT 156% YoY |
| Q3FY26 | 20 Jan 2026 | -0.2% | -4.1% | +3.6% | +0.7% | +2.9% | -3.0% | 1.6 | Rev 16% · PAT 190% YoY |
| Q2FY26 | 30 Oct 2025 | +3.5% | +8.2% | +14.8% | -0.6% | +15.3% | +15.0% | 12.4 | Rev 14% · PAT 253% YoY |
| Q1FY26 | 7 Aug 2025 | -3.3% | -7.1% | -8.9% | +1.2% | -10.1% | -8.3% | 7.0 | Rev 0% · PAT 115% YoY |
| Q4FY25 | 19 May 2025 | +1.1% | -2.4% | +4.4% | -1.2% | +5.6% | +3.7% | 1.0 | Rev 9% · PAT 3% YoY |
| Q3FY25 | 29 Jan 2025 | -1.9% | +4.7% | +6.0% | +0.4% | +5.6% | +8.0% | 3.0 | — |
| Q2FY25 | 28 Oct 2024 | +0.7% | +8.4% | +10.3% | -0.2% | +10.5% | +12.4% | 3.0 | — |
| Q1FY25 | 31 Jul 2024 | -0.3% | -2.8% | -8.6% | -2.9% | -5.8% | -5.0% | 1.0 | — |
| Q4FY24 | 22 May 2024 | -5.4% | -4.5% | -20.0% | +0.4% | -20.4% | -14.5% | 2.3 | — |
| Q3FY24 | 13 Feb 2024 | +0.1% | +3.6% | +2.7% | +2.7% | +0.0% | -1.4% | 1.5 | Rev 5% · PAT -452% YoY |
| Q2FY24 | 9 Nov 2023 | -1.0% | +3.0% | +21.5% | +1.8% | +19.7% | +18.1% | 1.9 | Rev -1% · PAT -2,068% YoY |
| Q1FY24 | 7 Aug 2023 | -3.5% | -0.1% | +12.2% | -0.6% | +12.8% | +11.2% | 1.5 | — |
| Q4FY23 | 29 May 2023 | +0.2% | +3.9% | +8.7% | +0.3% | +8.3% | +9.0% | 2.9 | — |
| Q3FY23 | 13 Feb 2023 | +0.7% | -5.8% | -11.0% | -2.6% | -8.4% | -9.1% | 2.6 | — |
| Q2FY23 | 14 Nov 2022 | -7.0% | -5.6% | +9.3% | +1.2% | +8.1% | +9.8% | 1.8 | — |
Reported figures
₹ crore; from the exchange's XBRL filings| Quarter | Period end | Revenue | YoY | PAT | YoY | Op. margin | EPS |
|---|---|---|---|---|---|---|---|
| Q1FY27 | 30 Jun 2026 | 7,697 | +40.3% | 376 | -182.7% | 6.5% | 1.08 |
| Q4FY26 | 31 Mar 2026 | 12,310 | +36.9% | 1,290 | +155.8% | 14.2% | 3.71 |
| Q3FY26 | 31 Dec 2025 | 8,473 | +16.4% | 390 | +189.8% | 6.4% | 1.12 |
| Q2FY26 | 30 Sep 2025 | 7,511 | +14.1% | 374 | +253.2% | 7.7% | 1.08 |
| Q1FY26 | 30 Jun 2025 | 5,486 | +0.0% | −455 | +115.5% | -9.8% | -1.31 |
| Q4FY25 | 31 Mar 2025 | 8,993 | +8.9% | 504 | +3.0% | 9.2% | 1.45 |
| Q3FY25 | 31 Dec 2024 | 7,277 | — | 134 | — | 4.2% | 0.39 |
| Q2FY25 | 30 Sep 2024 | 6,584 | — | 106 | — | 4.2% | 0.30 |
| Q1FY25 | 30 Jun 2024 | 5,484 | — | −211 | — | -3.1% | -0.61 |
| Q4FY24 | 31 Mar 2024 | 8,260 | — | 489 | — | 8.8% | 1.41 |
| Q3FY24 | 31 Dec 2023 | 5,503 | +4.6% | −148 | -451.9% | -1.1% | -0.43 |
| Q2FY24 | 30 Sep 2023 | 5,125 | -1.5% | −238 | -2067.9% | -7.6% | -0.68 |
Post-mortems
Every result in full →- 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.
- Volume ran 1.6x its prior month in the fortnight before.
- 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.
- Went into the result within 3% of its 52-week high.
- Volume ran 2.1x its prior month in the fortnight before.
- 9 sector peers reported the same week; the sector read may already have been set.
- Its sector moved +6.6% over the window.
- No reported figures on file for this quarter, so the result itself could not be judged.
- Volume ran 3.3x its prior month in the fortnight before.
- 6 sector peers reported the same week; the sector read may already have been set.
- 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.
- 14 sector peers reported the same week; the sector read may already have been set.
- 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.
- 6 sector peers reported the same week; the sector read may already have been set.
- 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.
- Its reversal habit held this quarter.
- 8 sector peers reported the same week; the sector read may already have been set.
- 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.
- Went into the result within 5% of its 52-week low.
- 15 sector peers reported the same week; the sector read may already have been set.
- No read was made before this result; recorded for the base rate.
- 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.
- Volume ran 1.5x its prior month in the fortnight before.
- Announced during market hours, so the reaction session is the announcement day itself.
- 6 sector peers reported the same week; the sector read may already have been set.
- No read was made before this result; recorded for the base rate.
- 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.
- 12 sector peers reported the same week; the sector read may already have been set.
- No read was made before this result; recorded for the base rate.
- 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.
- 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.
- 10 sector peers reported the same week; the sector read may already have been set.
- No read was made before this result; recorded for the base rate.
- Its sector moved +4.1% over the window.
- 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.
- 5 sector peers reported the same week; the sector read may already have been set.
- No read was made before this result; recorded for the base rate.
- 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.
- No read was made before this result; recorded for the base rate.