Tag: bhel

BHEL shares decline 8% on Q4 miss. Should you buy, sell or hold?

 stock analyst  05/22/2024  0 Comments on BHEL shares decline 8% on Q4 miss. Should you buy, sell or hold?

BHEL Share Price: Bharat Heavy Electricals (BHEL) witnessed a sharp decline of up to 8% on the BSE on Wednesday, dropping to Rs 295, following the company\’s announcement of a more than 25% year-on-year decrease in its consolidated net profit to Rs 489.62 crore for the March quarter.

MFs prune stakes in PSUs following stellar bull run

 stock analyst  04/16/2024  0 Comments on MFs prune stakes in PSUs following stellar bull run

Of the 25 public sector undertakings (PSUs) that published their shareholding for the March quarter, 11 saw a decline in mutual fund holdings, while only three stocks saw an increase in stakes.