B Krishnakumar, head- equity research at fundsindia.com told CNBC-TV18, "We have been bullish on Bharat Heavy Electricals (BHEL). There is lot of support at Rs 155-157 levels. So, if we get a dip to those levels we would recommend a buy there with a stoploss at Rs 150 and a target of Rs 175."
On December 20, 2013 Bharat Heavy Electricals closed at Rs 165.55, up Rs 3.40, or 2.10 percent.
The company's trailing 12-month (TTM) EPS was at Rs 27.03 per share. The stock's price-to-earnings (P/E) ratio was 6.14. 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 1.33. The dividend yield of the company was 3.25 percent.
Disclosure: He does not have any exposure in the stock but he might have discussed the stock with his clients.
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