BHEL Share Price | Signs of bullishness in multibagger PSU stock, will get returns up to 45%, brokerage gives BUY rating – NSE: BHEL
BHEL Share Price | Larsen & Toubro acquired Bharat Heavy Electricals Limited Company (NSE: BHEL) Has presented a big challenge for. Larsen & Toubro has created competition for BHEL company in the solar power sector. According to JM Financial brokerage firm, Larsen & Toubro is on the verge of winning a big contract. On Monday, October 21, the stock was trading at Rs 247.15, down 2.64 per cent. (BHEL Company Excerpt)
What did JM Financial brokerage firm say?
JM Financial brokerage firm has estimated a loss of Rs 85 crore and operational loss of Rs 68.7 crore for the September 2024 quarter. Revenue is likely to grow in single digits to Rs 5,875.4 crore. JM Financial brokerage firm said a healthy orderbook and EBITDA could improve sales due to the company's operating leverage and better contracts. On Tuesday (22 October 2024), the stock was trading at Rs 237, down 4.14%.
company order book
The order book of BHEL company is strong. JM Financial said that it expects big contracts for BHEL company in future. JM Financial brokerage firm has given a target price of Rs 361 for the share. Also BHEL company share has got 'BUY' rating.
Kotak Institutional Equities Brokerage Firm – SELL Rating
Kotak Institutional Equities brokerage firm has given 'SELL' rating to BHEL shares. According to Kotak Institutional Equities brokerage firm, the fair value of the share is Rs 100 and the stock can fall by 60 percent.
Antique Stock Broking Firm – BUY Rating
Antique Stock Broking firm has given 'BUY' rating for BHEL stock. Antique Stock Broking firm has given a target price of Rs 352 for BHEL share.
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