Investec Stays Bearish on BHEL, Flags 73% Downside Risk

📉 Investec has maintained its bearish view on

, assigning a target price of ₹70, implying a potential 73% downside from current levels. The brokerage cited execution challenges and supply chain constraints despite recent Q3 performance, with 9 out of 19 analysts continuing to maintain sell ratings on the stock.