BHEL gets GST demand order of about Rs 42.75 lakhs from Gujarat tax authorities

Regulatory & Legal View source PDF Explain this filing

BHEL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.9%Reaction day

₹278.00

prior close

₹278.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.3%+1.2% vs market

Heavy Electrical Equipment peers, median of 29sector-0.6%+1.5% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Midcap 150 and 1.5 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.0

10m

+1.7

15m

+2.3

30m

+2.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.9-0.3+1.2-0.6+1.5

Next day

+0.4-0.7+1.0-1.7+2.0

+1.8-0.8+2.7-2.1+3.9

+3.6+0.1+3.5-1.2+4.8

+5.0+0.5+4.4-1.4+6.3

+7.8+1.5+6.3+0.3+7.5

+6.6+1.2+5.5-0.9+7.5

15d

-5.5-1.7-3.8-10.5+5.1

-10.8-5.1-5.7-13.5+2.7

-4.9-0.7-4.2-6.2+1.3

-8.2-10.3+2.1-17.2+8.9

UpDownMarket · Nifty Midcap 150Sector · Heavy Electrical Equipment peers, median of 29Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

BHEL received a GST demand order from Gujarat tax authorities for FY 2018-19 over an input tax credit dispute. Total demand is about Rs 42.75 lakhs, covering tax of Rs 12.95 lakhs, interest of Rs 16.85 lakhs, and a penalty of Rs 12.95 lakhs. The company states no material financial impact and is evaluating whether to appeal.

Likely market impact

Minor tax demand, appeal planned, no material financial impact stated by company.