Remain invested in BHEL, says Rajat Bose

Name: Remain invested in BHEL, says Rajat Bose
Uploaded: 2017-10-03T15:46:32+05:30
Description: According to Rajat Bose of rajatkbose.com, one may remain invested in BHEL.

According to Rajat Bose of rajatkbose.com, one may remain invested in BHEL.

October 03, 2017 / 15:50 IST

Rajat Bose of rajatkbose.com told CNBC-TV18, "The investors need to hold on to Bharat Heavy Electricals (BHEL) because there is a possibility that going forward there might be a recovery and so I would suggest holding on to it with a stoploss below Rs 77 on the downside and if lower stoploss is warranted then it should be Rs 65 or so."

Bharat Heavy Electricals ended at Rs 83.15, down Rs 0.85, or 1.01 percent on the BSE.

The share touched its 52-week high Rs 121.77 and 52-week low Rs 79.74 on 25 April, 2017 and 27 December, 2016, respectively.

first published: Oct 3, 2017 03:46 pm

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