New Delhi, July 17 -- Shares of Bharat Heavy Electricals (BHEL) rose almost 3% in morning trade on the BSE on Friday, 17 July, to their 52-week high of Rs.446.75, buoyed by their healthy Q1FY27 results.

BHEL share price opened at Rs.445.35 against its previous close of Rs.435.40 and soon rose 2.60% to its one-year high level. The stock jumped 4% in the previous session after the Maharatna PSU (public sector undertaking) company reported its June quarter earnings.

If the PSU stock ends in the green on Friday, it will be its third consecutive session of gains.

During market hours on 16 July, BHEL reported a consolidated net profit of Rs.376.71 crore in Q1FY27, supported by increased income. Notably, the PSU company had suffered a loss of...