The frontline indices are expected to continue trading within the previous week's range. Below are some short-term trading ideas to consider.
The market is expected to maintain an upward trend amid consolidation. Below are some short-term trading ideas to consider.
The market may attempt to continue its upward journey amid rangebound trading in the upcoming sessions. Below are some short-term trading ideas to consider.
BHEL's Bhopal plant is among the oldest heavy electrical equipment manufacturing plants in the country.
BHEL shares have now extended gains for the fifth consecutive session. The stock has now strongly recovered after hitting a 52-week low of Rs 176 per share on March 3.
Analysts at CLSA shared a 'sell' rating on BHEL, with a target price of Rs 189 per share, implying a downside of 36 percent from current levels
It is advisable to consider buying opportunities in the Nifty at the current market price, targeting potential upside levels ranging from 22,775 to 23,170.
The BHEL stock has given a return of 57.68 percent over the last six months. The benchmark Nifty50 index has given a return of 6.45 percent over the same duration.
The state-owned company is expected to supply power generating equipment to Mahan Energen, an Adani-group subsidiary, for an upcoming 2x800 power project at Bandhaura, Madhya Pradesh.
NBFCs, real estate, and the infrastructure sector will be in focus. These three sectors form the backbone of the economy and are currently grappling with liquidity and financing issues.
BHEL might witness modest growth & profitability recovery, the global research house said, adding its executable order book has improved.
In an interview to CNBC-TV18, Deepak Agarwala of Elara Capital and Sanjeev Zarbade, Analyst at Kotak Securities spoke about the impact of the Mumbai-Ahmedabad bullet train orders on BHEL and a few individual stocks.
The comptroller and auditor general (CAG) report is on competitiveness of Bharat Heavy Electricals (BHEL) in emerging markets. Fifty three projects of BHEL were audited and CAG found all 53 projects were delayed by 3 to 84 months.
According to Sudarshan Sukhani of s2analytics.com, one can sell Hindustan Petroleum Corporation, BHEL and Voltas and buy Dabur India.
Hemant Thukral, National Head-Derivative Desk at Aditya Birla Money suggests buying Amara Raja Batteries, IRB Infrastructure and feels that BHEL may head to Rs 178-180.
Rajat Rajgarhia, Head of Research, Motilal Oswal Securities is not upbeat on the overall earnings. In fact, he expects them to be quite bad. At best one can expect an earnings growth of about 7-8 percent, he adds.
Prabhudas Lilladher has come out with its earnings estimates on Bharat Heavy Electricals (BHEL) for March FY12. According to the research firm, company's Q4FY12 sales are likely to go up by 12% at Rs 20072 crore, Year-on-Year (YoY) basis.
PINC Research has come out with its technical stock picks. The research firm has recommended buy rating on HDFC, HDFC BANK, REC, PFC, IDFC, IDBI, SBI, L&T, BHEL, ACC, Ambuja Cements, JP Associates, Voltas, ITC, Dabur, Indian Hotels, Lanco Infra, GMR Infra, Hindalco, Tata Steel, Tata Power, PTC India in its January 17, 2012 research report.
Unicon Investment has come out with its top 10 stock picks for new year 2012. Stocks - SBI, Yes Bank, Coal India, Jindal Steel, BHEL, L&T, Opto Circuits, Mundra Port, Eros International, & United Phosphorous