BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA maintains sell on BHEL
Earnings decline expected to continue for next 3 years. Order activity unlikely to pick up soon. Power deficit is near all-time lows. Margins will be under pressure. Target Rs 130.