Buy Bharat Heavy Electricals, target Rs 97: Shrikant Chouhan

Shrikant Chouhan of Kotak Securities Limited has a buy call on Bharat Heavy Electricals with a target price of Rs 97.

The current market price of Bharat Heavy Electricals is Rs 91.45.

Time period given by the analyst is intraday when Bharat Heavy Electricals price can reach defined target.

Shrikant Chouhan recommended to keep a stop loss at Rs 88.50.

Bharat Heavy Electricals, incorporated in the year 1964, is a Large Cap company (having a market cap of Rs 33,574.95 Crore) operating in Engineering sector.

The company’s top management includes Dr.Subhash Chandra Pandey, Mr.Akhil Joshi, Mr.Amitabh Mathur, Mr.Atul Sobti, Mr.Bhaskar Jyoti Mahanta, Mr.D Bandyopadhyay, Mr.Desh Deepak Goel, Mr.Keshav N Desiraju, Mr.R Swaminathan, Mr.Rajesh Kishore, Mr.Ranjit Rae, Mr.S Biswas, Ms.Surama Padhy.

Company has Wahi & Gupta as its auditors.

As on 30-09-2017, the company has a total of 2,447,600,000 shares outstanding.