What to watch. BHEL board to meet for results, buyback

The board of Bharat Heavy Electricals Ltd will meet on Thursday to consider a proposal for buyback of shares and the unaudited financial results for the quarter ended September 30, 2018. Investors will closely follow the numbers, particularly information on the order book and execution of orders. The issue size, price and the quantum of shares to be bought back will also attract shareholders’ interest. The mode of buyback will also be an important factor for investors.