Bharat Heavy Electricals Executive Director Jitendra Das Executive Director appointed
Bharat Heavy Electricals (BHEL) said Jitendra Das Executive Director, Executive Director, has been appointed; and Rajeeva Srivastava General Manager, Director, has been appointed; and Amit Gupta General Manager, CTO, has been appointed. The company is valued…
What happened
In a filing with the BSE on 25 October 2026 at 09:40 AM, Bharat Heavy Electricals (BHEL) said that Jitendra Das Executive Director, Executive Director, has been appointed; and Rajeeva Srivastava General Manager, Director, has been appointed; and Amit Gupta General Manager, CTO, has been appointed.
From the filing: "Name Designa Ɵ on 1 Shri Jitendra Das Executive Director (IS & IO), New Delhi Further, the following officials of BHEL have been appointed in the Senior Management of the Company w.e.f. 25.10.2026: Sl."
Company snapshot
Bharat Heavy Electricals is a large-cap company in the Capital Goods sector, with a market value of about ₹1.35 lakh crore.
The stock last traded at ₹387.5, against a 52-week range of ₹231.6–₹464 (16.5% below the high).
Before this filing the shares had moved −8.4% over the month and −6.8% over three months. Average daily turnover over the last 20 sessions was about ₹562 crore.
Promoters held 58.17% at the end of Q2 FY27. Foreign institutions owned 9.94% and domestic institutions 21.88%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 7,512 | 374.9 | 1.08 |
| Q3 FY26 | 8,473 | 390.4 | 1.12 |
| Q4 FY26 | 12,310 | 1,290.5 | 3.71 |
| Q1 FY27 | 7,698 | 376.7 | 1.08 |
| Q2 FY27 | 9,300 | 820.9 | 2.36 |
What history shows
BCEIE's records show 5 previous management change filings from the company since May 2026.
After those filings, the stock gained 0.6% on average the next trading day and was up 0.1% on average after five days (4 filings with price data).
Across 235 similar disclosures by other Capital Goods companies, shares moved +0.2% on average the next day and +0.6% over five days; 50% of them rose the next day.
Market-wide, 3,997 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 25 Sept 2026 | Change in Management | −0.8% | +1.4% |
| 8 Sept 2026 | Change in Auditors of the company. | +1.7% | −2.7% |
| 25 Aug 2026 | Change in Management | +1.0% | +3.7% |
| 2 Jun 2026 | Management change | +0.4% | −2.0% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- BHEL Share Price Today - Bharat Heavy Electricals on NSE/BSE
- Bharat Heavy Electricals Ltd: Order book up 17 per cent
- 'BHEL Has A 43% Downside': Top Brokerages See Frothy Valuation Hit Defence PSU Stock. Shares Fall 5%
- Bharat Heavy Electricals Limited Estimates – BSE:BHEL
- BHEL shares fall over 4% despite stellar Q2; CLSA flags rich valuations, JM Financial raises target
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.