Manufacturing is one of the high growth sectors in India. Prime Minister of India, Mr Narendra Modi, had launched the ‘Make in India’ program to place India on the world map as a manufacturing hub.Do you know India is expected to become the fifth largest manufacturing country in the world by the end of 2020?
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Currently, the contribution of manufacturing output is 16 percent of Gross Domestic Product (GDP). Expected contribution is 25 percent of GDP and creates up to 90 million jobs by 2025. Economic conditions in the Indian manufacturing sector continue to remain positive. Even Foreign Direct Investment (FDI) inflows in India’s manufacturing sector is also increasing.
The multibagger jackpot stock BHEL – Bharat Heavy Electricals is one of the largest engineering and manufacturing enterprise in India and contributing hugely to Indian economy and ‘Make in India’ campaign.
About Multibagger Jackpot Stock BHEL – Bharat Heavy Electricals Ltd.
BHEL is one of the largest enterprises in India in the energy-related and infrastructure sector. It manufactures over 180 products and caters to core sectors like Power Generation and Transmission, Industry, Transportation, Telecommunication, Renewable Energy, etc.
The company has developed technological infrastructure, skills, and quality to meet the stringent requirements for the manufacture of a wide variety of products. BHEL has developed a variety of electrical, electronic and mechanical equipment for all sectors, including transmission, transportation, oil and gas and other allied industries.
BHEL has won the ‘Best Productivity Performance Award’ in the heavy engineering industries category and has bagged the `Golden Trading House’ status for attaining excellence in global export operations.
Rating and Awards
Rating agency CRISIL has rated AA+ to multibagger jackpot stock BHEL
Products and Services
The multibagger jackpot stock BHEL – Bharat Heavy Electricals produces different engineering and transmission related products. Its main products are Thermal Power Plants, Nuclear Power Plants, Gas Based Power Plants, Hydro Power Plants, DG Power Plants, Industrial sets, Castings and Forgings, Boilers and Boilers Auxiliaries.
BHEL also manufacture Automation and Control Systems, Power Electronics, Transmission System Control, Solar Photovoltaics and Defence Electronics
|Va Tech Wabag||3,800.20||1,513.43||1,020.01|
|Rel Ind Infra||741.71||89.69||273.33|
|Era Infra Eng||49.74||1,211.02||6,044.90|
You can expect more than 80 per cent return on investment in the multibagger jackpot stock bhel. If you see the stock holding pattern then you will find that 63.06 per cent of shares has been hold by government of India and fundamentally a very strong counter. Technically the stock has been laggard and upmove is expected in the chart. Since December 2016, the stock has already gives more than 50 per cent of return. You can expect near term target for BHEL is 195 and the ultimate target is 285+. So hold BHEL if you have and buy on possible dips.
You can check the price fluctuation of the multibagger jackpot BHEL since 2002 in the above figure for your reference.
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Author: Ratan Kumar
Ratan Kumar, an enthusiast stock market trader & blogger. Forecasting stock market moves with the use of technical analysis since 2008. For the technical trader & investor, new or experienced, he provides legitimate and valuable advisory from day trading to long-term investment horizon and helped thousands of investors to make money out of stock market.