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Buy BHEL, advises Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying Bharat Heavy Electricals.

February 26, 2014 / 13:56 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Bharat Heavy Electricals (BHEL) is a buying opportunity. There are no intraday trades. It is an excellent idea. If someone is positioning for the March series, one may buy BHEL Calls and wait patiently."

At 13:16 hrs Bharat Heavy Electricals was quoting at Rs 161.40, up Rs 1.95, or 1.22 percent. It has touched an intraday high of Rs 162.45 and an intraday low of Rs 160.

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The share touched its 52-week high Rs 210 and 52-week low Rs 100.35 on 28 February, 2013 and 20 August, 2013, respectively. Currently, it is trading 23.14 percent below its 52-week high and 60.84 percent above its 52-week low. Market capitalisation stands at Rs 39,504.26 crore.

first published: Feb 26, 2014 01:56 pm

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