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BHEL down over 5 percent after April-June earnings

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Reuters
Last Updated : Aug 13 2014 | 10:45 AM IST

Reuters Market Eye - Bharat Heavy Electricals Ltd falls 5.8 percent after April-June earnings lag estimates.

Citi warns 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 says BHEL might miss company's own sales and inflow targets in FY15.

(1 US dollar = 61.2500 Indian rupee)

(abhishek.vishnoi@thomsonreuters.com / abhishek.vishnoi.thomsonreuters.com@reuters.net)

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First Published: Aug 13 2014 | 10:36 AM IST

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