Motilal Oswal is bearish on BHEL has recommended sell rating on the stock with a target price of Rs 78 in its research report dated November 07, 2017.
State-run power equipment maker BHEL today said it has bagged an order worth Rs 350 crore for setting up two 765 kV substations in West Bengal.
"The execution of the 4,000 MW Yadadri Supercritical Thermal Power Project ordered on Bharat Heavy Electricals Limited (BHEL) by Telangana State Power Generation Corporation Limited (TSGENCO) has commenced with the issuance of revised Letter of Intent by TSGENCO," BHEL said in a regulatory filing.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ACC, IndusInd Bank and Just Dial and can hold Jaiprakash Associates while one can sell BHEL.
With this, the total dividend paid during the year stands at 79 per cent, including an interim one of 40 per cent paid earlier, BHEL said in a statement today.
Indeed today revealed the 50 best places to work in India for 2017, curated from the site's hundreds of thousands of company reviews from employees.
The proposal to issue bonus share in the ratio of one bonus share for every 2 existing shares to members was listed on the agenda for annual general meeting held on September 22, 2017, which as passed by the requisite majority, Bharat Heavy Electricals Ltd (BHEL) said in a BSE filing today.
Going beyond thermal power, other areas for capitalising on emerging opportunities include defence and aerospace "to increase the share of business from non-coal areas", BHEL CMD Atul Sobti said at the 53rd Annual General Meeting here.
Basant Maheshwari of Basant Maheshwari Wealth is of the view that power stocks are jump kind of stocks, you make 10-20 percent and you move out, they are not investment stocks, they are more of trading bets and positional trades.
It was announced on Thursday that BHEL will manufacture rolling stock for the bullet train in a joint venture with Kawasaki Heavy Industries Ltd (KHI).
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Communications and can sell BHEL, PC Jeweller and SREI Infrastructure.
Prime Minister Narendra Modi and Japan PM Shinzo Abe laid the foundation for 508-km bullet train project at Ahmedabad early on Thursday.
"With all the applications that I have received from the automobile sector for reduction in GST (Goods and Services Tax) rates, I have included my suggestions on the same and requested the finance minister to think in this direction," Assocham today quoted Geete as saying.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell HCC, Suzlon Energy, BHEL and PNB and buy Century Textiles.
Going forward, the three-digit gann number of 977(0) would be an immediate support point, which is why sustenance above 9,770 could provide a relief rally en route 9,900-9,930 levels.
Yogesh Mehta of Motilal Oswal is of the view that one can buy GAIL India and Reliance Industries and sell BHEL.
Yogesh Mehta of Motilal Oswal Securities suggests buying IOC, Titan Company and Tech Mahindra and advises shorting BHEL.
Prakash Gaba of prakashgaba.com is of the view that the logical technical target of 9969 is still valid as long as 9792 holds. The crucial support for the Nifty is at 9792-9720 and the resistance is at 9916-9969. Bnak Nifty has support at 24000 and resistance at 24300.
Yogesh Mehta of Motilal Oswal suggests buying Dewan Housing Finance, Britannia Industries and BHEL.
Vishvesh Chauhan of Monarch Networth Capital suggests buying BHEL with a target of Rs 145.
Vishal Malkan of malkansview.com recommends buying Zuari Agro Chemicals with a target of Rs 425 and Deepak Fertilisers with a target of Rs 330.
Kawasaki Heavy Industries' rolling stock has supplied to various countries like USA, Singapore, Taiwan, Hong Kong and Japan.
Bharat Heavy Electricals (BHEL) today said it has recorded nearly 14 percent growth in its intellectual capital in FY17.
JP Morgan cut its earnings estimates for FY18 / FY19 to 6 percent / 10 percent for BHEL.
Ashwani Gujral of ashwanigujral.com suggests buying Syndicate Bank, BHEL and Yes Bank.