Sell Bharat Heavy Electricals, target Rs 83: Sagar Doshi

Sagar Doshi of Edelweiss Financial Services has a sell call on Bharat Heavy Electricals (BHEL) with a target price of Rs 83.

The current market price of Bharat Heavy Electricals is Rs 93.15.

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

Sagar Doshi recommended to keep a stop loss at Rs 99.50.

Bharat Heavy Electricals, incorporated in the year 1964, is a Large Cap company (having a market cap of Rs 34,199.09 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 31-12-2017, the company has a total of 3,671,400,000 shares outstanding.