HomeNewsBusinessStocksExpect higher levels in BHEL: Sudarshan Sukhani

Expect higher levels in BHEL: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one may see higher levels in BHEL.

June 24, 2015 / 16:08 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "BHEL has already run-up today. It is making a very nice bottoming pattern something called a cup and handle that suggests higher levels ahead so if you are looking to buy as a position trader for a few weeks, it is good enough otherwise after this run-up there will be a pause and that pause should be used for buying."

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 43.78. 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 1.8. The dividend yield of the company was 1.11 percent.

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first published: Jun 24, 2015 03:57 pm

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