Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I would be upbeat on Bharat Heavy Electricals (BHEL). My own targets on BHEL are Rs 180 or so. That of course becomes contradictory when I compare it to what the Nifty should do. It is difficult to imagine BHEL going so high, then the Nifty not following suit. The key here is still be on the long side. If the targets are not reached they would still be higher than where we are now."
On September 26, 2013 Bharat Heavy Electricals closed at Rs 150.40, up Rs 8.95, or 6.33 percent.
The share touched its 52-week high Rs 272.45 and 52-week low Rs 100.35 on 05 October, 2012 and 20 August, 2013, respectively.
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