BHEL Share Price | Important advice from expert on Multibagger BHEL stock, buy, hold or sell the stock – NSE: BHEL
BHEL Share Price | There has been a sharp decline in the stock market for the last few days. On Friday, October 25, the company's shares fell by 4.22 percent to Rs 217.70. (NSE: BHEL) But he had arrived. Meanwhile, stock market experts have given important advice regarding Bharat Heavy Electricals Limited share. Bharat Heavy Electricals Limited has outlined the strategies that investors should follow with respect to the stock. (Bharat Heavy Electricals Limited Excerpt)
HOLD rating on this stock
Talking to ET Now, experts have given important advice on Bharat Heavy Electricals Limited Company stock. Investors should not buy this stock right now. However, investors who have already purchased shares are advised to HOLD them. However, it is advised to set stop-loss. On Monday (28 October 2024), the stock was trading 0.78% higher at Rs 219.
Share price will fall further
The expert said, 'Investors should not take fresh entry in this stock. Currently, this stock is trending down to Rs 217 and may fall to Rs 211. Experts have also predicted that if the stock falls below Rs 211 level, the stock may fall to Rs 205. Therefore, investors are advised to keep the stoploss in mind.
How much return did the stock give?
The stock has declined 19.85% in the last six months. Over the last one year, the stock has returned 87.19%. The stock has given 327.28% return in the last 5 years. The stock has given returns of 1,129% to long-term investors. On a YTD basis, the stock has returned 9.87%.
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