Hey All,
In my last post, I talked about an example where #zomatao gave me 100% returns in just two Years. And as promised this time, I am going to share with you all an another example where the stock that goes by the ticker #BHEL aka [Bharat Heavy Electricals Ltd] is at the moment giving me 500% return and I still continue to #HODL it. Do you think it is too good to be TRUE? Frankly speaking its true, please don't go by the quantity of the stock I have. All that I want to show here is that we do have potential in #stock markets to get returns of 500% and even more. I will show you my average purchase price and the total returns its giving me via the snapshot taken of my stock portfolio from #sharekhan App. But before we get there it becomes imperative to know about the business of Bharat Heavy Electricals Ltd. what its business model and the company worth is.
In a short summary - Bharat Heavy Electricals Limited (BHEL) is a prominent Indian public sector company engaged in the business of designing, manufacturing, and supplying power generation equipment, including turbines, boilers, and generators, as well as electrical and industrial products and services. If I am not mistaken the government stake is still above 60% in the company. #BHEL core strengths lie in its engineering capabilities, technological innovation, and a vast manufacturing infrastructure. The company also plays a critical role in India's power sector by supporting the government's initiatives for energy self-sufficiency and clean energy production, making it a key player in the country's infrastructure development and there is much more to add about #BHEL this is just a small summary about the company.
My #BHEL HODLing - No Selling...
Just observe the price here of #BHEL which was under Rs.50 around November 2020 - January 2021. And this was exactly my entry point in the stock. I did start #SIP here but then didn't continue it for long and just stopped after having bought 10 #stocks of #BHEL Yes, I still HODL #BHEL stock and there is no plan to sell the stock in near future. Did you notice that my investment of just Rs. 266/- which would be like $3 is now worth Rs.2666/- that is like $32+ and continues to grow. Stock analyst are still bullish on this stock as they are saying that though #BHEL continues to trade at a six-year high, the stock is still trading well below its all-time high of Rs 390.67, which is 70 percent higher than current levels. So I can expect more returns here from #BHEL. Still 500% return in just 3 Years isn't that bad at all. I will wait for this invest to come near around $50 and then would exit. At the same time I have been tracking #exide for a quite some time now. Have already bought 10 shares of it and you can see the same in my portfolio snapshot image. As my long term plan is to slowly and gradually bring this count of #exide stocks to a minimum of 500 shares over a period of 3 months. Hence later point of time will be selling #BHEL to buy more stocks of #exide industries. Lets, see if I am consistent with my investment in #stock market or not. At the moment, I am building my portfolio at the moment and only focusing on good quality #stocks...and away from all those #penny stocks..... cheers
Have Your Say on BHEL - Stock Price #HODL VS #SELL???
Did you invest in #BHEL stock? Are you HOLDing Vs Selling #zomato? Do you think #BHEL will continue to rise from here? What is your near term price prediction for #BHEL? Would love to hear your thoughts around it in the comment box below? Cheers
India Stock Market - BHEL gave me 500% Return in 3 Years - too good to be TRUE?
#stock #stockmarket #bse #nse #nifty #bhel #indiastockmarket #financialmarkets #returns
Image Credits:: moneycontrol, sharekhan, cnbctv18
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..cheer