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 outperform on Bhel
Company set to achieve 55 per cent order growth in FY16. Start of execution of new orders from FY17 is the key. Expect BHEL to secure better material pricing. Realisations of recent orders at Rs 4.2cr/MW is also positive. Lower base should drive a rebound in earnings per share upgrade.