BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Closed|| Long (1Y)
Bank of America Merrill Lynch maintains underperform on Bharat Heavy Electricals
Likelihood of further receivables write-off is high. Structurally low margins will continue. India to remain power surplus in near future. Expect BHEL to register an operating cash-burn.