Technical analyst Sushil Kedia of ATMA has maintained 'hold' rating on Bharat Heavy Electricals Limited.

The analyst said that the investors can buy the stock for gains of another Rs 200.

The shares of the company, on April 04, closed at Rs 2173.80 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2695 and a low of Rs 1911 on BSE.

Current EPS & P/E ratio stood at 104.65 and 21.10 respectively.

Power equipment maker BHEL is making plans to purchase Germany-based AE&E Lentjes to access its high-end CFBC boiler fabricating technology.

CBFC is a combustion technology utilized in power facilities.

Besides, BHEL has registered an increase of 40% in its net profit, which stood at Rs 6,021 crore in 2010-11 as compared to Rs 4,311 crore in 2009-10.

In 2010-11, company's revenues grew by 27% to Rs 43,451 crore as against Rs 34,154 crore during the same period previous year.

BHEL entered the Yemenese and Kenyan markets during the last financial year, primarily for supply of motors apart from getting into the solar power markets in Hong Kong and Turkey.