BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
CLSA maintains sell on BHEL
Salary revisions from FY17 will likely pressure the company. Expect low-margin orders to impact profitability. Current valuations ignore multiple headwinds.