Consistent order flows and profitability are the need of the hour for investors to gain confidence in Bhel. After all order flows are lumpy in this sector and the third quarter accretion maybe a flash in the pan. On a cumulative basis, the nine-month order flow of Rs15,750 crore in fiscal year 2018 (FY18) is sharply lower when compared to the year-ago period. In fact, Bhel’s stock performance would hinge largely on order flows in the forthcoming quarters. In other words, consistent order flows and profitability are the need of the hour for investors to gain confidence in Bhel.

Source: Mint February 09, 2018 02:03 UTC