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BHEL earnings cut by 10%; see OPM at 14-15%: Macquarie

Due to project delays pressurizing BHEL’s operating margins, Macquarie Capital Securities cuts earnings estimate for the capital goods major by 10% and says the decline could continue for two consecutive years.

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Due to project delays pressurizing BHEL

TAGS: #BHEL #business environment #MARKET OUTLOOK #Mazquarie #order inflows

first published: Jan 30, 2012 10:53 am

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