BHEL’s worsening order inflow shows up policy bottlenecks

The 7% drop in order inflows compared with the year-ago period looks rather ominous for BHEL’s performance in the next 12-18 months

All eyes were on the order inflows clocked in the December quarter by the country’s largest capital goods maker, Bharat Heavy Electricals Ltd (BHEL). For this would not only influence earnings forecasts for the company but also provide insights on the trend for the sector.

ref:
http://www.livemint.com/2012/01/29135836/BHEL8217s-worsening-order-i.html