Macquarie & CLSA Maintain Bearish Calls on BHEL; Targets Rs 306–315

Both brokerages retain sell-side ratings on Bharat Heavy Electricals, with CLSA nudging its target up 8.5% to Rs 306 but stopping short of any upgrade amid continued valuation concerns.

bt-corporate · 7/17/2026, 4:01:00 AM · Ask about this →