We are only conducting Seminars to make Professional Traders. The material published on the blog is of general and educational information only and is not suitable for trading purpose. We do not provide Stock Tips. Please do not make any payment on website. All Material is available Free on the site.

BHEL Stock Price Analysis – Buy Or Hold?

IDFC securities has maintained an Underperformer rating for BHEL. The reasons for same are as appended below:

BHEL, L&T and BGR were the three qualified bidders for the boiler component of NTPC’s 660MW x 11 bulk tender. BHEL emerged L2 with a readout bid of Rs 16 million/MW. BHEL would be awarded four units of 660MW each (2640MW) provided it matches BGR’s bid. Order size for BHEL is likely to be Rs 3,700 crore. BHEL had bagged orders worth 2520MW from the power sector during 9MFY12, and the current order wins would take its power sector order inflow to 5160MW in FY12 so far. BHEL’s order book stood at Rs 1.46 trillion as of December 2011. Analysts believe the current bids are clearly aggressive and would drive a margin dilution for BHEL. Analysts expect a muted 5.6 per cent earnings growth over FY11-13, with 15.1 per cent earnings growth in FY12 and 3.1 per cent earnings decline in FY13. Further, outlook on order flows remain very weak, which also impairs earnings visibility beyond FY13.

IDFC securities has given a target price of Rs 243 for the stock in near term. Bookmark us for best stock market news and make money with our Jackpot tip of the day.

Most Visited Stocks - Click to Visit Link

We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9