Looks like both businesses are down in the dumps.
Future of coal industry / power plants is not bright. And this is having an effect on BHEL (lack of orders).
More info at http://www.downtoearth.org.in/blog/dark-future-for-coal-49116
COALINDIA monthly chart
BHEL monthly chart
Future of coal industry / power plants is not bright. And this is having an effect on BHEL (lack of orders).
More info at http://www.downtoearth.org.in/blog/dark-future-for-coal-49116
COALINDIA monthly chart
BHEL monthly chart
