Rahul Mohindar of viratechindia.com told CNBC-TV18, "Bharat Heavy Electricals (BHEL) is going to pullback to about Rs 160-161 and that is going to be more of a short-term pullback. When you look at longer-term profile on the stock, I think we are probably poised for more and you might see levels of Rs 185-200 coming over the next three-six months. One shouldn't buy it right now at more than Rs 170, maybe 5-10 percent draw down is very likely."
On December 06, 2013 Bharat Heavy Electricals closed at Rs 171.35, up Rs 0.80, or 0.47 percent.
The share touched its 52-week high Rs 247.50 and 52-week low Rs 100.35 on 07 December, 2012 and 20 August, 2013, respectively.
The company's trailing 12-month (TTM) EPS was at Rs 27.03 per share. (Sep, 2013). The stock's price-to-earnings (P/E) ratio was 6.34. The latest book value of the company is Rs 124.38 per share. At current value, the price-to-book value of the company was 1.38. The dividend yield of the company was 3.15 percent.
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