BHEL stock quotes on 1ka10.com

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BHEL has announced its first quarter results. The company's standalone net profit was up 33% at Rs 384.41 crore versus Rs 288.91 crore,

buy Bharat Heavy Electricals with a 12-month target price of Rs 2058. Revenue increased 34% YoY to Rs 43.3 billion, beating our estimate and significantly ahead of consensus expectation. 1Q revenue growth should allay some concerns on execution issues and provide more visibility to management?s FY09 revenue guidance. PAT increased 33% YoY to Rs 3.84 billion, beating our estimate as well as consensus. BHEL?s 1QFY09 results should provide comfort to significant worries regarding its execution capabilities. 1Q results increase credibility of management?s full-year revenue guidance, Buy 12-month target Rs 2058,