Avinnash Gorakssakar, Market Expert told CNBC-TV18, "There is some strategic investment which is going to be lined up in BEML. However, once this deal happens we could see further rerating in the stock. The stock has reacted positively to this news."
"I would presume that in the next three-four months, once this news fructifies and this event is known and who the strategic investor is, one should get better price. Therefore, the advice is to hold on and the risk reward ratio by that time should be much better," he said.
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