Maharatna PSU Stocks to Buy: There was ups and downs in the stock market today (July 11). It started on the green mark and later selling pressure was seen. Amidst this turmoil in the market, brokerage firm Motilal Oswal has made Maharatna PSU Stock BHEL a technical pick for the short term. The brokerage has advised BHEL to take the position for 2-3 days.
The stock market closed flat after sharp fluctuations. After trading with ups and downs throughout the day, Nifty fell by 8 points and closed at 24,315. Sensex fell 27 points to close at 79,897 and Nifty Bank rose 81 points to close at 52,270.
Also Read- Bharat Electronics Share Price Target 2024, 2025, 2027, 2030, 2040
BHEL: Good profit in 2-3 days
Brokerage firm Motilal Oswal has made BHEL a technical pick. The target of this Maharatna PSU Stock has been kept at Rs 350 for 2-3 days. On July 11, 2024, the share closed at Rs 332. In this way, the stock may rise by 5-6 percent from the current price.
BHEL: Share jumped 12% in 1 month
BHEL registered a rise in the volatile market on Thursday. The stock closed with a rise of about 1.5 percent. The stock’s return in the last one year has been around 250 percent. The stock’s return in 6 months was 68 percent and so far this year it was 67 percent. The stock has risen by about 26 percent in 3 months and 12 percent in 1 month. The 52 week high of the share on BSE is 335.40 and low is 91.05. The market cap of the company is more than Rs 1.15 lakh crore.
(Disclaimer: The brokerage has given the advice to buy shares here. These are not the views of Stock Wallah. Consult your advisor before investing.)
