What hapeen to this one,even in such a psitive day it is continuing its southward journey,is something has gone wrong with this.if you have some idea about the company pl convey to me
Management of Bharat Bijlee is very conservative. There are no posibilities that any adverse information if any disclosed to any investor before disclosing to NSE & BSE. Now why the price is falling is a big question? But I personally feel that this stock is availabe at P.E. multiple of 3, Dividend yield (by considering of last year) comes to 10%. Company has delivered a reasonably fair results so far. So don`t be panic and take advantage when market is panic.
finally bbl started rallying from 460 to 550rs among all the power and psu stocks next beml this is cheap in valuation,it`s alltime high more than 2000rs next to bhel but due to mkt crash it has fallen whereas bhel remained stable chances that bbl,like engineers india is due to reward its shareholders with bonus. all other PSU have declared bonus in last 2 years.any inputs will be appreciated.
In 1 day that too in 1 hour it has hit upper circuit forget about 30 days.all the power stocks are rallying the only one which was laggin behind was bbl with good dividend and PSU it is a safe investment at this levels
| NIFTY 
