Bharat Heavy Electricals Ltd (BHEL), one of India’s largest public sector engineering and manufacturing enterprises, has witnessed significant stock market volatility over recent years. Investors and traders alike are keen to understand the potential of BHEL stock over the next few years. In this article, we explore BHEL share price target and forecast from 2025 to 2030, based on technical analysis, historical trends, and expert insights.
BHEL Share Price Overview
| Parameter | Value |
|---|---|
| Current Price (NSE) (15 April 2025) | ₹222.03 |
| 52-Week High | ₹335.35 |
| 52-Week Low | ₹176.00 |
| Volatility | 3.87% |
| 14-Day RSI | 47.39 |
| 50-Day SMA | ₹200.11 |
| 200-Day SMA | ₹254.35 |
| Sentiment | Bearish |
| Fear & Greed Index | 49.61 (Fear) |
The current sentiment around BHEL is bearish, with the stock trading below both 50-day and 200-day moving averages. However, long-term growth forecasts remain optimistic.
BHEL Share Price Target 2025
In 2025, BHEL is expected to see a moderate uptrend, with prices ranging between ₹198.00 to ₹320.25.
| Month | Target Price (₹) |
|---|---|
| January | ₹209.76 |
| June | ₹259.90 |
| December | ₹320.25 |
Average Target for 2025: ₹261.80
Expected Growth: 35.19% from current price
Also read: Torrent Power Share Price Target & Forecast 2025 – 2030
BHEL Share Price Target 2026
Forecasts indicate that BHEL may continue its bullish run in 2026, possibly reaching a maximum of ₹420.75.
| Month | Target Price (₹) |
|---|---|
| January | ₹325.90 |
| June | ₹362.45 |
| December | ₹420.75 |
Average Target for 2026: ₹368.27
Expected Growth: 90.17%
BHEL Share Price Target 2027
With infrastructure and manufacturing growth projected, BHEL may hit ₹525.10 by the end of 2027.
| Month | Target Price (₹) |
|---|---|
| January | ₹425.80 |
| June | ₹468.10 |
| December | ₹525.10 |
Average Target for 2027: ₹472.26
Expected Growth: 143.87%
BHEL Share Price Target 2028
In 2028, BHEL could experience sustained momentum with a trading range of ₹522.90 to ₹635.90.
| Month | Target Price (₹) |
|---|---|
| January | ₹530.75 |
| June | ₹575.40 |
| December | ₹635.90 |
Average Target for 2028: ₹579.82
Expected Growth: 199.42%
BHEL Share Price Target 2029
The upward trend may continue in 2029, with BHEL potentially reaching ₹750.75.
| Month | Target Price (₹) |
|---|---|
| January | ₹642.00 |
| June | ₹690.00 |
| December | ₹750.75 |
Average Target for 2029: ₹694.13
Expected Growth: 258.45%
BHEL Share Price Target 2030
By 2030, BHEL is forecasted to achieve a high of ₹865.75, driven by increased capital expenditure in the power sector.
| Month | Target Price (₹) |
|---|---|
| January | ₹758.00 |
| June | ₹805.00 |
| December | ₹865.75 |
Average Target for 2030: ₹809.60
Expected Growth: 318.07%
BHEL Share Price Target 2025–2030
| Year | Avg. Price Target (₹) | % Growth (from ₹193.65) |
|---|---|---|
| 2025 | ₹261.80 | 35.19% |
| 2026 | ₹368.27 | 90.17% |
| 2027 | ₹472.26 | 143.87% |
| 2028 | ₹579.82 | 199.42% |
| 2029 | ₹694.13 | 258.45% |
| 2030 | ₹809.60 | 318.07% |
Also read: Indus Towers Ltd Share Price Target 2025, 2026, 2027 to 2030
Analyst Forecasts & Fundamentals
| Forecast Metric | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| Revenue (₹B) | ₹305.20 | ₹398.98 | ₹487.00 | ₹618.37 |
| EPS (₹) | ₹2.51 | ₹6.32 | – | – |
| Analyst Recommendation | Hold (52.94% Sell, 41.18% Buy) | |||
| 1-Year Price Forecast | ₹72.00 – ₹425.00 | |||
| Average Forecast Price | ₹206.53 |
Should You Invest in BHEL Now?
Although the short-term sentiment is currently bearish and the stock is underperforming its long-term moving averages, long-term projections remain strong, especially considering India’s growing power and infrastructure needs.
However, investors should:
- Watch for fundamental earnings improvements.
- Track RSI and SMA levels.
- Monitor macroeconomic policies in the energy sector.
Conclusion
BHEL presents a high-risk, high-reward investment opportunity over the long term. If you’re looking to invest with a 5–10 year horizon, BHEL’s price forecasts indicate substantial potential upside from current levels. However, due diligence, portfolio diversification, and timing based on technical indicators remain key to maximizing gains.
Frequently Asked Questions (FAQs)
1. What is the BHEL share price target for 2025?
The average share price target for BHEL in 2025 is ₹261.80, with a maximum target of ₹320.25 by December.
2. Can BHEL reach ₹500 by 2027?
Yes, according to expert forecasts, BHEL may reach a high of ₹525.10 by the end of 2027, depending on market sentiment and execution of large projects.
3. Is BHEL a fundamentally strong stock?
BHEL has strong fundamentals, backed by government support, large-scale contracts, and leadership in the power equipment sector, though it can be cyclical.
4. What are the risks of investing in BHEL?
Major risks include project delays, global economic uncertainty, commodity price fluctuations, and competition in energy equipment manufacturing.