|Photo: The Economic Times|
The country’s nuclear power programmes and the revised emission norms for coal-based thermal power plants offered considerable business opportunity for Bharat Heavy Electricals Limited. BHEL Corporation had achieved a record project execution during the previous fiscal despite the slowdown in the power sector and maintained its leadership with 74% market share.
The Welding Research Institute has won Skoch BSE award for technology development and has also won National Safety Award along with Seamless Steel Tube Plant and Fossil Fuel Development Complex. Buy the shares of BHEL at the CMP of Rs.139, for short term targets of Rs.143 - 147.