BHEL can move to Rs 245-250, says Atul Badkar of Edelweiss Securities.
Badkar told CNBC-TV18, "BHEL has performed well in the last nine days and most of the performance has been on the back of short covering. I think from here onwards within the capital goods space both BHEL and L&T look good and any fresh longs from here into BHEL can take the stock up to Rs 245-250 easily. So that’s one pick that we have got from a trading perspective and also from medium-term fundamental point of view."
The company's trailing 12-month (TTM) EPS was at Rs 125.82 per share. (Jun, 2012). The stock's price-to-earnings (P/E) ratio was 1.83. The latest book value of the company is Rs 111.10 per share. At current value, the price-to-book value of the company was 2.07. The dividend yield of the company was 2.71%.
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