Buy BHEL, target Rs 272: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com told CNBC-TV18, "BHEL has made a strong base near to Rs 220 in the month of May and for last one month the stock was trading in the range of Rs 255-Rs 240 and just above the 200-day moving average. I think today it broke that range upside with higher volume, so I believe it can come up to around Rs 272. One can buy it with a stop loss of Rs 254."

The company's trailing 12-month (TTM) EPS was at Rs 5.80 per share. (Mar, 2015). The stock's price-to-earnings (P/E) ratio was 44.74. The latest book value of the company is Rs 140.82 per share. At current value, the price-to-book value of the company was 1.84. The dividend yield of the company was 1.09 percent.