BHEL receives four Adani Power equipment and services orders

Order above 5% of revenueBusiness Updates View source PDF Explain this filing

BHEL · price

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▲ 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

+6.0%Reaction day

₹399.85

prior close

₹405.50

announcement price

After-mkt

timing

Nifty Midcap 150market+1.6%+4.4% vs market

Heavy Electrical Equipment peers, median of 34sector+2.8%+3.2% vs sector

On the reaction day the stock moved 4.4 pts more than Nifty Midcap 150 and 3.2 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

+1.6

10m

+1.5

15m

+1.8

30m

+3.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.0+1.6+4.4+2.8+3.2

Next day

+4.2+3.6+0.6+2.5+1.6

+4.7pendingpending+0.5+4.2

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15d

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UpDownMarket · Nifty Midcap 150Sector · Heavy Electrical Equipment peers, median of 34Pending

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

AI summary

Adani Power awarded BHEL four domestic contracts covering boilers, turbines, generators, auxiliaries and agreed services for four projects of 2x800 MW each. Each contract is valued at Rs 5,000-7,000 crore excluding GST, so the total is Rs 20,000-28,000 crore. Work will follow customer project schedules.

Likely market impact

The sizeable domestic orders strengthen revenue visibility, but the earnings contribution will depend on execution timing, costs and timely payments.