Stock Market Prediction: BHEL is the share to buy! Can give 26 pct returns in just 12 months, says analyst

Stock Market News: On this Teachers' Day, Bharat Heavy Electricals Ltd or BHEL shares are under high focus of stock market experts. Considering that teachers' salaries are not the kind that can ensure a comfortable lifestyle, they must ensure that they open up a separate route to earn some money. Investing in stock markets is one of the best options open and they should explore it in a positive manner. Having said that, all investments must be carried out after due diligence and those promising sky-high profit should be shunned as these kinds of returns are not really possible. Ultimately, good returns should be ensured and losses should be guarded against.

Experts are of the opinion that the BHEL counter may give around 26 per cent returns in a year if one buys the shares at the current market price. BHEL share price is currently oscillating around Rs 49 and can show Rs 62 per stock levels in a year, say market experts.

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Speaking on the fundamentals of the BHEL share price Amar Kedia, Research Analyst at Emkay Global said, "BHEL's share price has corrected 15% after the company reported Q1FY20 results, and 33% YTD CY19 due to concerns of the persisting slowdown in order inflows, execution challenges and still high receivables. We cut FY20/21E EPS by 70%/45% due to near-term execution concerns but upgrade the rating to Buy from Hold on favorable risk-reward. We believe that the power sector is now poised for structural reforms, while end-consumer demand trends still remain healthy. Specifically for BHEL, an eventual upturn in the power CAPEX cycle is a definite positive."

 On his suggestion to the share market investors in regard to the BHEL share price Kedia said, "I recommend stock market investors to buy the counter at current levels for the target of Rs 62 per stocks in long-term perspective means near 12-months."

Speaking on the short-term perspective of the BHEL share price, Prakash Pandey, MD and CEO at Plutus said, "In the short-term perspective, the BHEL share price is expected to give around 6-7 per cent gains and on the Teachers' Day it can be a portfolio stock that an investor can think of buying. But, the stock market investors must maintain a stop loss of Rs 45 while taking a buy position in the counter."