DBT Bureau
Pune, 8 Jan 2026
Shares of Bharat Heavy Electricals Ltd. (BHEL) recorded a strong upside move following the announcement of its Q2 results for the quarter ended September, reflecting renewed investor confidence. The stock was trading at ₹244.85 on 29 October and later advanced to a closing level of ₹303.70 on January 8, 2026, registering a solid gain of about 24.04%, driven by improved sentiment and strong buying interest after the quarterly performance.
Adding to the positive momentum, BHEL announced its strategic entry into the semi-high-speed rail segment, commencing the supply of underslung traction converters for the Vande Bharat Sleeper Train project, according to today’s press release. The project, executed by a BHEL-led consortium with TRSL, includes indigenously developed traction motors and transformers from BHEL’s Bhopal and Jhansi units. The advanced IGBT-based propulsion system supports speeds of up to 160 kmph (design speed 176 kmph), enhances onboard space and payload capacity, and strengthens BHEL’s long-term growth outlook under the Make in India initiative.
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