BHEL Share Price Target 2022
About BHEL Ltd.:
Bharat Heavy Electricals Ltd., incorporated in the year 1964, is a Mid Cap company (having a market cap of Rs 28,535.51 Crore) operating in Engineering sector. Bharat Heavy Electricals Ltd. key Products/Revenue Segments include Erection & Other Services, Other Operating Revenue, Scrap and Export Incentives for the year ending 31-Mar-2022.
Overview:
Fundamental Analysis:
BHEL (BHEL Share Price Target 2022)
What Is Fundamental Analysis?
Fundamental Analysis is the statistical method of performing fundamental analysis. It can help to learn the patterns in the historical data and applying it to the future. Essentially, it involves taking a look at the fundamental drivers of the stock and value of a stock. Using such methods, a very good analyst could make an astonishing return for his/her clients. However, there are several different methods of Fundamental Analysis depending on your personality and skill set. The common fundamental ways are Fundamental Indexing, fundamental Dividend Yield and Fundamental Discounted Cash Flow analysis. Fundamental Indexing When you buy a stock, you simply buy the whole company.
Technical Analysis:
BHEL (BHEL Share Price Target 2022): Stock currently trading at Rs. 81.95.
Moving averages (on daily chart):
MA 50: Buy
MA 100: Buy
MA 200: Buy
RSI (14): Overbought
ADX: Buy
MACD (12,26): Buy
What is Technical Analysis and How Does it Work?
1. Introduction to Technical Analysis:
Technical analysis charts study the charts of a security for forecasting its price movement either in the short-term or long-term.
Technical analysis charts study the charts of a security for forecasting its price movement either in the short-term or long-term. One way to do this is through chart patterns on a stock’s price and volume. Chart patterns are formations that appear on a stock’s chart, which can signal when it will change direction.
There are many different types of chart patterns, but they all have one thing in common: They identify an entry point into a trade where an investor can make money by identifying when stocks will change direction.
2. Meaning of Charts and Patterns in Technical Analysis:
Technical analysis Charts is a way of forecasting the future value and movements of financial instruments or currencies by analysing statistics generated by price movements over time.
Technical analysis charts are trained to recognize patterns in the market that indicate what might happen next. It is a good idea to get acquainted with some basic patterns as they can serve as an indicator for future price movement.
Patterns like are Head and Shoulders, Flags, Pennants, Triangle, and Rectangle patterns will be discussed in this section.
Strengths for BHEL:
Company’s PEG ratio is 0.33.
The company has an efficient Cash Conversion Cycle of -109.07 days.
The company has a high promoter holding of 63.17%.
The company has a strong degree of Operating leverage, Average Operating leverage stands at 107.75.
Limitations for BHEL:
The company has shown a poor profit growth of -30.24% for the Past 3 years.
The company has shown a poor revenue growth of -11.33% for the Past 3 years.
Company has a poor ROE of -4.36% over the past 3 years.
Company has a poor ROCE of -2.32% over the past 3 year.
Short term target (only for educational purpose read disclaimer) : The short term target (2 months to 6 month) for BHEL (BHEL Share Price Target 2022)
Target 1: Rs. 86 (one month)
Target 2: Rs. 90 (2-3 months)
Target 3: Rs. 95 (6 months)
Stop loss:
Stop Loss : Rs. 74
About The Post
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Stock Analysis by Ibrahim Ansari
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