172@29@16@231!~!172@29@0@53!~!|forum-topics|stocks|bhel|thread-message-86750183-88550183.html!~!mmb|moneycontrol|com!~!|index.php!~!
Moneycontrol
Rahul_Estel
New Member

137 Messages

My observations about BHEL: (1) Like all PSUs, BHEL also has the curse of inefficiency and a management which is not very proactive, that is a fact and we should accept it. (2) However, Atmanirbhar Bharat, Make In India, Ban on defense imports are a huge boost to BHEL`s orders. (3) The recent news about Okaya and the agreement with SwissRapide about Maglev trains are both great news. (4) Markets are always forward-looking, not backward-looking. Investors should look forward to a lot of action in BHEL in the next few quarters. (5) It was known to everyone that Covid would disrupt Q1 results badly and that`s exactly what happened. I`m surprised that Motital Oswal and the others are predicting 22/-, which will never happen. Each time I hear such ridiculous target prices, I lose some respect for the so-called Research being done in these brokerage houses. Last year, at the same time, BHEL was in 50`s. The very fact that it is 36 right now is due to Covid-19 and other reasons. Keeping the upcoming quarters in mind, BHEL has strong support around 34-35 and should move up strongly from here. Everything else that people say is bullshit. Please don`t be mislead by operators. I won`t call this a fundamentally great stock, but this is quite a decent stock and deserves to be priced higher, for the quantum of orders they`re going to get. If you already invested, don`t book a loss at all, just be patient for a couple of weeks at the most.

12.24 AM Sep 17th
We take the quality of the messages posted on forum as seriously as our articles. Kindly follow our Code of Conduct and refrain from posting any abusive, promotional or gibberish content on forum.

Ok

Get your own permanent - nickname

Choose your nickname

Your permanent Nickname can be distinct from your username and no one need know the link between the two.

Sections