Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I would recommend the investor to shift. Bharat Earth Movers (BEML) is more of a gamble. There is nothing to suggest that it will go back and recover its earlier prices because the very fact that it has fallen so much tells us that markets do not like it."
"One should shift back to Larsen and Toubro (L&T). Whenever this market rallies, L&T will be an outperformer. The second choice is Bharat Heavy Electricals (BHEL). I would not be willing to invest in BEML for two years or even for two months. One should get out of it, go into some other as I have explained better capital goods stock," Sukhani said. Also Read: L&T eyeing defence orders worth up to $1.4 bn
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