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    HomeNewsBusinessStocksStay invested in BHEL, says Vijay Chopra

    Stay invested in BHEL, says Vijay Chopra

    According to Vijay Chopra of enochventures.com, one may stay invested in BHEL.

    August 10, 2017 / 15:05 IST
    BHEL | Company reported loss at Rs 893.1 crore in Q1FY21 against loss Rs 218.9 crore, revenue fell to Rs 1,990.9 crore versus Rs 4,532.5 crore YoY. (Image: Reuters)
    BHEL | Company reported loss at Rs 893.1 crore in Q1FY21 against loss Rs 218.9 crore, revenue fell to Rs 1,990.9 crore versus Rs 4,532.5 crore YoY. (Image: Reuters)

    Vijay Chopra of enochventures.com told CNBC-TV18, "In Bharat Heavy Electricals (BHEL) quarter after quarter, you are seeing that the numbers are not that great and they are deteriorating actually. My sense is that one should hold on to the stock with a stoploss of Rs 116. And if it takes away Rs 116 one should definitely get out of the stock and get into some other story because it will get weaker from there."

    At 15:00 hrs Bharat Heavy Electricals was quoting at Rs 125.70, down Rs 7.45, or 5.60 percent.

    The share touched its 52-week high Rs 182.65 and 52-week low Rs 119.60 on 25 April, 2017 and 27 December, 2016, respectively.

    first published: Aug 10, 2017 03:05 pm

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