BHEL share price tanks over 5.5% on Monday, January 12: Recent developments you need to know

The stock declined as much as 5.68% to hit the day's low of ₹258.65 on the NSE.

Shares of the company, along with other capital goods players, tumbled last week (especially Thursday, January 8) amid news reports that the finance ministry was planning to scrap a five-year-old restriction on Chinese firms bidding for government contracts, which triggered fear of increased competition.

Established in 1964, BHEL specialises in the energy, infrastructure, and industrial sectors, providing products, systems, and services for power generation (thermal, hydro, nuclear, solar), transmission, transportation, defence, and oil & gas.

Besides, it also functions in emerging areas such as EV charging, playing a crucial role in building a self-reliant India with a strong domestic presence and global reach.

Latest order win

Amid the negative news reports, BHEL on January 8 secured an order from Bharat Coal Gasification and Chemicals Limited for coal gasification and raw syngas cleaning facilities for the coal-to-ammonium nitrate project at Jharsuguda, Odisha.

Bharat Coal Gasification and Chemicals Limited (BCGCL) is a joint venture company of Bharat Heavy Electricals Limited (BHEL) and Coal India Ltd (CIL).

The order covers engineering, procurement, construction, commissioning and performance guarantee of the coal gasification and raw syngas cleaning facilities, which form the core process units of the integrated chemical complex.

The size of the order is around ₹5,400 crore, excluding GST.

BHEL pays dividend to the government for 2024-25

In December 2025, state-owned engineering firm BHEL said it had paid a final dividend of ₹109.98 crore for 2024-25 to the Government of India.

A cheque towards the final dividend on the equity (63.17%) held by the Government of India was presented to H. D. Kumaraswamy, Union Minister of Heavy Industries and Steel, by K. Sadashiv Murthy, Chairman and Managing Director, BHEL, in the presence of Kamran Rizvi, Secretary (HI), a company statement said.

Directors on the board of BHEL and senior officials of the Ministry of Heavy Industries were also present on this occasion.

The total dividend paid to the company's shareholders for 2024-25 amounts to ₹174.10 crore.