Bharat Bijilee an Electrical Engineering Giant is on its way back to glory after the recent meltdown. No stock on the Indian Markets have consistently given positive results over a period of short time as this stock as done. With the Indian Governments thrust on the power sector, and being in the prime pick of the mutual funds, this stock will touch dizzy levels soon. During February 2008,when the sensex was 18,000 the scrip was hovering around 3200 and was recommended by EMkay to touch 4200 in 2009-10. With the strong growth in the power sector I firmly recommend this scrip to investors who do not wish to take risk.
Investors who had exit BBL would have to repent now as the stock has already risen 25% from 600 levels when I recommended the stock. I also recommend "Indian Hume Pipes" to the investors who have followed my advise.
its not because of anyone`s advice.. this is a bubble and should blast.. there is no such valuations of any companies which rose more than 50% within two days. Market is going back to 11K levels.
You dont have account but I do have account in moneycontrol so you can catch me up any time if I prove to be wrong!!
Yes agree that those ppls are lucky who havent exited before election results.. but fresh positions at such levels are like again going into dark.
In your earlier msg you have mentioned it will go up to 1000 now you say that it is a bubble,Anway well not only BBL all power related companies manfactures,trasmission/distrbution anything to do with power is seeing up in the mkt,due to focus on power sector by the govt.and Last govt was in trouble due to nuclear power.Well coming to bbl this is the only PSU who are consistently giving dividend above 250% even ONGC,BHEL they were giving upt 200% and the stock was beaten down to such levels that it looks attractive even @ 1000rs as most of the order will com to this company.Well in short term it will be around 1200-1400rs as per my view.
yes agreed.. I am too confuse in this script. It may not go down to 600 levels but if market will fall sharply nothing can be predicted..
by the way I have said.. "seems going 1000 level and not it will definately go to 1000". Anyway if it goes 1000 levels good for me because still holding this script.
hope for the best.. but I will exit on 1000 levels or any steep fall from this level for sure.. enough profit man!!