What to expect from BHEL's Q2 earnings?
DSIJ Intelligence / 08 Nov 2016
Government owned power equipment and engineering major, Bharat Heavy Electricals Limited will be posting its second quarter earnings on Tuesday, November 8, 2016. BHEL is expected to post profits during the quarter as against losses of Rs 205 crore in the year ago period.
Government owned power equipment and engineering major, Bharat Heavy Electricals Limited will be posting its second quarter earnings on Tuesday, November 8, 2016. BHEL is expected to post profits during the quarter as against losses of Rs 205 crore in the year ago period.
However, the key things to watch out would be operational performance of the company, keeping an eye on the margins of the company. Order inflow and order book both will be tracked for the quarter in review. Future guidance on order wins will also be one of the key metrics to judge the company’s results and outlook.
A Key thing to watch out for would also be the pace of execution, given delayed finalisation of orders, order intake & status of slow moving orders.
Status on key big projects would also be keenly watched given their size and revenue capabilities.
Ahead of the results BHEL is trading with gains of close to three per cent at Rs 142.80 on NSE.
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