BHEL Stock Alert: Brokerages Predict Up to 73% Drop Post Q3 Results, 9 Advise Sell

• Investec maintains 'Sell' rating on BHEL, forecasting a 73-74% fall with a target price of ₹70 due to supply chain and execution concerns.
• Kotak Institutional Equities also advises 'Sell' with a target of ₹120, citing slow execution, reduced gross margins, and high inventory levels.
• JPMorgan highlights BHEL's historically weak EBITDA margins and stringent payment terms in contracts, increasing working capital needs.
• Nuvama stands bullish, maintaining a 'Buy' rating with a target of ₹353, expecting a turnaround in FY27 after clearing old burdens.
• Out of 19 analysts, 9 recommend 'Sell', 8 'Buy', and 2 'Hold' on BHEL stock following its Q3 results.

Why It Matters: Brokerages are largely bearish on BHEL post Q3 results, predicting significant stock declines due to operational challenges.