Stock market analyst Husseini Wadharia of Techno Shares is of the view that investors can buy Bharat Heavy Electricals Limited (BHEL) to achieve a target of Rs 2445 in 2-3 trading sessions.

According to analyst, the investors can buy the stock with stop loss of Rs 2410.

Today, the shares of the company opened at Rs 2427 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 2585 and a low of Rs 1960 on BSE.

Current EPS & P/E ratio stood at 88.06 and 27.84 respectively.

Eyeing to boost ties between the two engineering groups, Alstom and BHEL, Patrick Kron, president and chief executive officer of Alstom SA met Vilasrao Deshmukh, the honorable union minister of heavy industries & public enterprises in Paris.

The occasion was also attended by B. S. Meena, secretary (HI), His Excellency Rajan Mathiah, Ambassador of India to France and B. P. Rao, CMD, BHEL.

On June 02, BHEL declared that it has accredited two gas-based power projects in UAE and Oman.

BHEL licensed the 2x42-MW gas turbine-based power project of Al Ghail Power Company in Ras Al Khaima, near Dubai.

Moreover, the company accredited a 26-MW gas turbine generator at Oman refinery and petrochemical plant in Muscat.