BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Macquarie maintains underperform on BHEL
FY16 does not indicate the start of investment cycle in the power sector. Cost base remains very high for BHEL. Coal-based thermal projects are completely out of favour.