Have some BHEL-Puri in 2011 at Rs 2218…..Sweet & Spicy
BHEL has been a winner in my clients portfolios for years now…..Spotted it when it was in three figures…then it gave a 1:1 Bonus too in 2007….It was my favourite in the Core Segment
….am getting strong vibes on BHEL yet again…..In 2010 BHEL did a lot right…Profits have zoomed…Orders are at a Record High…Outlook looks good…..the only problem was the Share Price….It’s currently Rs 2218 with a 52 Week High and Low of Rs 2695 and Rs 2060….the price range has not been spectacular….but I think this is about to change…
…..I sense 2011 and 2012 may just be different for BHEL….when it declared it’s third quarter December 31, 2010 results yesterday and for the nine months too in FY 11 with 34 % surge in profits yoy and Rs 158000 crs in orders,this feeling has been fortified and the famous crazy Govinda song came to mind…” Main toh raste peh jaa raha tha…main toh BHEL-puri kha raha tha….”….. Methinks you too should have some BHEL-puri in 2011…It’s going to get Sweeter and Spicier !…with all the fresh condiments and ingredients to make it Complete
Have a look at this uncomplicated table I’ve prepared and judge for yourselves