Momentum Pick: After unbeaten 30% rally, multibagger BHEL poised for another 48% upside
Shares of Bharat Heavy Electricals (BHEL) have jumped nearly 30% over the past five trading sessions making higher highs and higher lows, showcasing a strong buying trend. On Friday, the stock hit yet another 52-week high of Rs 137.10 riding on a strong volume action with over 19.22 crore shares changing hands on the NSE.
The multibagger stock with 128% returns on investment over the last 12 months could rise by another 48% in the next 3-4 quarters, according to experts.
