Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "Whatever uptick that we see in lot of these stocks like Bharat Heavy Electricals Limited (BHEL) whose primary business really comes from, 75 percent of the book is really power related, so lot of the positive sentiment that you seeing in the stock and lot of the run up that you are seeing in the price is really sentiment driven more than really delivered by good numbers."
"From that perspective it makes a lot of sense to really wait for a couple of years because it is only when you see a lot of the problems for the power sector getting sorted. Some order wins have improved in this last quarter or so but going forward for it to pick momentum and to get reflected in the stock price you will have to give it at least a year. So it makes sense to hold on for a little while more and then re-visit that stock say may be one year down the line and take a call," she said.
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