Government Shares Priced Below Rs 100 will soon give strong returns: Bharat Heavy Electricals Limited, also known as BHEL, witnessed a significant increase in its share price at the beginning of the week. By Monday, until 2 PM, the share price had risen by approximately 4.75% and was trading at around ₹82.70 per share.
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Government Shares Priced Below Rs 100
After analyzing the fundamentals of this government company, several experts have a bullish outlook on its shares. According to the brokerage firm Antique, BHEL’s earnings could witness a robust growth of approximately five times by the business year 2024-26.
According to the brokerage firm, the company is expected to benefit from a strong order book, improved execution, and operating leverage. It’s important to note that this information is based on the analysis and opinion of Antique brokerage firm. Before making any investment decisions, it is recommended to conduct thorough research, consider multiple perspectives, and consult with a financial advisor to make informed choices.