BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Bank of America Merrill Lynch maintains underperform on BHEL
It is time to book profit in the stock. We have seen more than 35 per cent outperformance in the stock. There is likelihood of further receivable write-off. Acceleration of bad debt will be the key to watch.