BHEL for long term investment

Originally Posted by vmlxb6

Hello everyone,

I am a long time value investor and looking around for an undervalued stock. I was looking to buy BHEL which is currently trading at 230 rs. My opinion is that the power industry has received a hit and will take a time for this sector to get bullish again. I am not sure when the coal industry and power sector will gain momentum again.
Does anyone have any reasons as to why I should not be going for BHEL. My time horizon is 4-5 years. Will the power industry get back to moving upward ?

any help or advice is highly appreciated. thank you very much.

Well, like you said, i think its a good value buy at a P/E of less than 10. Zero debt with over 6,000 Crores cash in hand. Profits have dipped a little in the last 2 quarters. Other than that, it looks a good buy ...