BHEL Price Prediction: Stable growth expected amid market volatility

BHEL's stock is declining. Market experts have varying opinions, some positive, some cautious.

On Friday, November 29, 2024, BHEL's stock closed at ₹251, down 0.59%.

The stock has been declining, falling significantly from its 52-week high of ₹335.35.

Experts cite improved government projects and a strong order book as strengths, while increased competition and high debt are weaknesses.

BHEL has secured large projects, potentially boosting revenue. Q2 2024-25 saw a 28.5% revenue increase.

Antique Stock Broking and Dalal & Broacha recommend buying, with target prices of ₹300 and ₹364, respectively.

Kotak Institutional Equities advises selling, predicting a potential drop to ₹110, over 56% down from the current price.

Stock market investments are subject to risk. Consult your market expert before investing.