BHEL is a public sector undertaking (PSU) managed like private companies. “It is highly profitable due to monopoly in various sectors. Research & developments are leading to greater highs in product quality and performances. BHEL also has strong presence in overseas markets and is a good stock for investment,” says Surana.
Our recommendation :
IT has been consolidating at current levels investors should add on dips for a decent 10-15% returns in the next 3 months time frame.
Source : ET.com
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