India, Sept. 23 -- India's power and capital goods sectors are seeing renewed activity as electricity demand rises and companies step up investments in generation and infrastructure. This has improved the outlook for engineering and equipment manufacturers with large project pipelines.

BHEL has emerged as one of the key beneficiaries, with its order book, revenue and operating performance improving in recent years. However, despite this recovery, the company's return ratios remain relatively modest, making execution and capital efficiency important factors to watch.

With a market capitalisation of Rs. 1,46,803 cr, the shares of Bharat Heavy Electricals Ltd closed at Rs. 421.60 per share, down from its previous close of Rs. 426.25 per s...