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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Open|| Long (1Y)
Edelweiss Maintains ‘Buy’ On BHEL
According to Edelweiss, the government's thrust on renewables was the key negative for BHEL in past one year. However, such a transition will be slower and tendering for conventional energy would range in 10-12GW (including replacement) in foreseeable future, where BHEL commands a significant market share, the brokerage adds.