BHEL shares hit a 52-week high on Q1 results boost; what should investors do?

BHEL shares hit a 52-week high of about ₹446.75, up nearly 3% intraday, after strong Q1FY27 results showed the company swung to a consolidated net profit of ₹376.71 crore from a loss of ₹455.50 crore a year ago, with total income rising about 40% YoY to ₹7,911.86 crore and EBITDA at ₹500 crore versus a loss of ₹530 crore. The company reported Q1FY27 order inflow of about ₹26,700 crore, taking the order book to ₹2.6 lakh crore (around 7.2x trailing-twelve-month sales). ICICI Securities retained buy with a target of ₹520, and JM Financial retained buy with a target of ₹481, while PL Capital stayed cautious with a reduce rating and target of ₹368; the stock has surged nearly 65% in the last six months.