Long-term investors should hold BHEL: experts
Mayuresh Joshi, VP-institution, Angel Broking, and Manish Hathiramani, technical trader with Deen Dayal Investments, suggest that long-term investors stay with BHEL. Joshi feels that even though order inflows and capital investments have been ebbing, the rate cycle is set to turn around, which would give a boost to stocks like BHEL. Hathiramani feels the stock has support around Rs 220. One should hold the stock for upsides.
