ICICI Securities Ltd | Retail Equity Research Bhel reported better-than-expected Q3FY17 results vis--vis consensus but lower than our estimates. The beat against consensus was on all accounts (revenue, margins and PAT). Recovery on the power segment EBIT above 10% mark was the key silver lining Revenues came in at | 6325 crore, up 18.8% (I-direct estimate of | 6548 crore). On the segmental front, power segment revenues came in at | 5096 crore, up 18.2% whereas industrial segment...