Wednesday, August 13, 2014
BHEL down about 8 percent after April-June earnings
Bharat Heavy Electricals Ltd (BHEL.NS) falls about 8 percent after April-June earnings lag estimates.
Citi warned earnings imply BHEL's backlog may have dipped below 1 trillion rupees (16.33 billion U.S. dollar) for the first time since April-June 2009.
Citi said BHEL might miss company's own sales and inflow targets in FY15.
ref:
http://in.reuters.com/article/2014/08/13/bhel-earnings-idINKBN0GD08520140813
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment