Shares of Bharat Heavy Electricals Limited surged 4.28% on Monday, 20 April, after the company reported an 18% year-on-year jump in full-year turnover and disclosed a record order book for FY26.

BHEL’s turnover rose to Rs 32,350 crore in FY26, up from Rs 27,415 crore a year earlier. In an exchange filing, the company revealed it secured Rs 75,000 crore in fresh orders during the year, with the power segment contributing Rs 59,000 crore and the industrial segment adding Rs 16,000 crore across diversified sectors.

The total order book now stands at Rs 2.4 trillion. Capacity commissioned during FY26 came in at around 8.9 GW, reflecting steady execution through the year. The board said the company ‘remains committed to delivering high-impact infrastructure’ as it enters FY27.

This is the stock’s ninth consecutive session of gains. Over that stretch, BHEL shares have climbed 35%, taking the price to a 21-month high. The rally pushed the stock past its previous recent peak of Rs 305.85, reached on 7 January 2026.

At 11:39 am, shares were up by 4.83% at Rs 332.00 on BSE, having touched an intraday high of Rs 333.75. The stock’s 52-week range runs from Rs 205.20 to Rs 333.75, with Monday’s high matching the top of that band.

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