Exit BHEL, says Rohit Shinde

Rohit Shinde of Nimbus Wealth Management is of the view that one should exit BHEL.

Shinde told CNBC-Awaaz, "Investors should exit BHEL with a stoploss of Rs 1640. The stock is looking weak on chart and it will go down to Rs 1572 in future."
The company's trailing 12-month (TTM) EPS was at Rs 125.82 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 12.76. The latest book value of the company is Rs 411.71 per share. At current value, the price-to-book value of the company was 3.9. The dividend yield of the company was 1.94%.