There is little upside for BHEL: Sangeeta Purushottam, Managing Director, Nine Rivers Capital

In a chat with ET Now, Sangeeta Purushottam, MD, Nine Rivers Capital, gives her views on BHEL.

ET Now: What is your view on BHEL? Is it really heading to be a structural de-rating story?

Sangeeta Purushottam: Yes, till we get the issues on the power sector sorted out, it does look like that. We are looking at fairly low growth in terms of the order book. Over a period, the competitive intensity is getting tougher. So, there is little upside really to be seen at the moment.