BHEL Underweight by JP Morgan, CG Power & Cummins Rated Overweight

BHEL has been in the spotlight after JP Morgan initiated coverage with an “Underweight” rating. Meanwhile, peers like CG Power and Cummins received an “Overweight” outlook. The news has stirred investor discussions around where BHEL stands today and whether it has scope for recovery.

About BHEL

Bharat Heavy Electricals Limited (BHEL) is a state-owned engineering and manufacturing company. It builds power systems, turbines, and heavy electrical equipment, making it one of India’s major industrial players.

Stock Price & Base Price

After the JP Morgan report, BHEL’s share price faced selling pressure. Its base levels are now being tested as the market weighs future demand. In contrast, CG Power and Cummins are seeing a stronger investment case after their “Overweight” ratings.

Gold Price Comparison

Gold prices in India have seen a dip due to global and currency moves. Many investors are weighing safe havens like gold against industrial stocks. In such an environment, BHEL lacks the defensive shield gold provides, and its cautious rating adds another layer of risk.

Dividend, Bonus & Multibagger Potential

BHEL has declared dividends in the past, but recent commentary doesn’t highlight new payouts or bonuses. As for multibagger potential, analysts suggest that unless the company secures major projects, upside may remain limited compared to CG Power or Cummins.

IPO, GMP, Subscription & Lot Size

BHEL is not a new listing. It’s a long-standing public company, so IPO terms like GMP, subscription, lot size, and issue date do not apply here. Instead, investors are tracking live movements and institutional ratings.

Live Market Outlook

Market sentiment around BHEL is cautious. While institutional investors are leaning toward CG Power, Cummins, and