Technical analyst Pradeep Surekha has maintained 'buy' rating on Bharat Heavy Electricals Limited (BHEL) stock with a short term target of Rs 2180.

According to analyst, the investors can buy the stock with a stop loss of Rs 2080.

Today, the stock of the company opened at Rs 2141 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2695 and a low of Rs 1989 on BSE.

Current EPS & P/E ratio stood at 104.65 and 20.27 respectively.

Power equipment manufacturer Bharat Heavy Electricals (BHEL) has announced that it received a deal worth Rs 3,220 crore linked to a thermal power project in the state of West Bengal.

The deal is for delivery and setting up of the main facility package for the Sagardighi Thermal Power Project phase-II.

Bharat Heavy Electricals Ltd (BHEL) said that it would shortly start manufacturing of renewable energy producing equipments.

A MoU has already been signed up with Bharat Electronics Ltd (BEL), Bangalore, and it has formulated a prototype model at a capacitance of 8 mega watts.

The JV deal would be inked shortly and it will be at an overall investment of Rs 3,000-4,000 crore on a 50-50 proportion.