Is SAIL share good for long term?
The share price of SAIL has halved over the past one year from Rs 110 to its current price of Rs 54. The fear in the market has been two fold — bloating cost of its various projects and unhedged foreign borrowings. However, SAIL is a good long term bet and can easily double in the next 18 months.
Is ONGC share good for long term investment?
ONGC’s share price has underperformed the benchmark over the past four years due to a decline in domestic oil & gas production. Due to lower production growth on a sustainable basis, despite cheaper valuations, the brokerage does not recommend that long term investors add the stock as it is a play on commodity prices.
Should I buy SAIL shares now?
As on 16th Dec 2021 SAIL Share Price closed @ 113.50 and we RECOMMEND Buy for LONG-TERM with Stoploss of 107.16 & Sell for SHORT-TERM with Stoploss of 114.76 we also expect STOCK to react on Following IMPORTANT LEVELS.
Does sail increase?
The company’s plans to expand capacity by 12-14 million tonnes (mt) at its steel plants at Bokaro and Rourkela will cater to the expected growth in steel demand. At the current market valuation, the company is attractive compared to its peers. SAIL is trading at EV/EBITDA of 4.08 times (FY22 Bloomberg consensus).
Is ONGC share a good buy?
Originally Answered: Is it good to invest in ONGC? Yes it is good to invest in ongc. Ongc is a large cap company and is providing good dividend. The company has good fundamentals and will be a great choice to invest for long term.
Does BHEL have future?
BHEL said they will diversify beyond power and thermal sectors. “We will grow from a power Sector Company to a global engineering organization. The company can look to diversify into sectors like Railways, Defence, Aerospace and Oil & Gas.
Is BHEL in profit or loss?
|Profit & Loss account of Bharat Heavy Electricals (in Rs. Cr.)||Mar 21||Mar 19|
|Profit/Loss Before Exceptional, ExtraOrdinary Items And Tax||-3,611.60||2,047.50|
|Profit/Loss Before Tax||-3,611.60||2,047.50|
Which bank is most beneficial?
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