BHEL - Portfolio Buy

Latest Quotes | News/Announcements | Quarterly Results | P&L |Price History The company's stock trades at a P/E of less than 14, the lowest since March 2005. The current price makes the stock an attractive buy, given its strong balance sheet and sound financials. It has been logging a double-digit revenue growth, consistently since the past five years. However, order inflows and growing competition from Chinese manufacturers are some near-term concerns.

The scrip gave negative returns in the past year

Time Span	Price	Change	%Change
Today	1,736.50	-15.10	-0.86
Week	1,683.25	68.35	4.06
Month	1,824.90	-73.30	-4.01
Three Months	1,936.00	-184.40	-9.52
Six Months	1,975.00	-223.40	-11.31
One Year	2,478.50	-726.90	-29.32

The scrip has under performed during the last 1 year and is likely to be subdued going forward. Long term portfolio investors can buy around Rs.1500 levels for a target price of Rs.2,500 holding period of 12-15 months.


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