HomeNewsBusinessStocksBHEL may hit Rs 302: Manoj Murlidharan

BHEL may hit Rs 302: Manoj Murlidharan

Manoj Murlidharan of Religare Securities is of the view that Bharat Heavy Electricals may hit Rs 302.

January 22, 2015 / 11:01 IST
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Manoj Murlidharan of Religare Securities told CNBC-TV18, "There is some cash buying which has happened off late in Bharat Heavy Electricals Limited (BHEL). So, that can come into an upmove today, so that would be somewhere close to Rs 281, stoploss at Rs 268 and we expect it to go all the way to Rs 302."

At 10:53 hrs Bharat Heavy Electricals was quoting at Rs 284.15, up Rs 2.35, or 0.83 percent. It has touched an intraday high of Rs 286.95 and an intraday low of Rs 281.70.

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first published: Jan 22, 2015 10:59 am

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