Monday, 24 November 2008

Enter BHEL: Joshi

Sharmila Joshi, VP of Systematix Shares & Stocks is of the view that one can enter in BHEL.

Joshi told CNBC-TV18, "BHEL is supplying largely to the power sector and the kind of order book that they have, as well as the kind of valuations that you are getting the stock at currently, to my mind the market has given you a chance to enter this stock at a valuation like this. So I don’t think we can expect the kind of run away valuations that we saw but I still think that from this price you can make decent gains. So I do like BHEL at the current price."

Disclosure: Analyst doesn't hold the above stock.

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