BHEL

#BHEL

The company has just posted stellar earning this quarter, we have got a positive earning from the company after 5 consecutive negative earnings. The stock price of the company is still down 30 percent from its highs.

I fundamentally believe in the sectors the company is working on and after strong financial result this quarter BHEL has turned a buy on dips for me. I had previously shared a long term investment analysis on BHEL, if you already have a position on BHEL higher than its price currently I would suggest averaging.

BHEL still seems like a bullish investment opportunity for the future. Average at :
1) 230
2) Buy on every 5 to 10 percent dip.
Nearest target of *330.