Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I would expect Bharat Heavy Electricals (BHEL) to give us a big rally on the upside, because it fell a lot. The rally is V shaped, which means that at some point it will stop, but it should be very sharp. Even at current levels there is more room for it to go up."
The share touched its 52-week high Rs 272.45 and 52-week low Rs 162.10 on 05 October, 2012 and 27 June, 2013, respectively. Currently, it is trading 34.43 percent below its 52-week high and 10.21 percent above its 52-week low. Market capitalisation stands at Rs 43,726.37 crore.
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