Independent Analyst Kunal Bothra Ihas a buy call on Bharat Electronics Ltd.NSE -2.84 % with a target price of Rs 116. The current market price of Bharat Electronics Ltd. is Rs 112.5. Time period given by the analyst is Intra Day when Bharat Electronics Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 107. Bharat Electronics Ltd., incorporated in 1954, has a market cap of Rs 29105.10 crore.
Bharat Electronics Ltd. key Products/Revenue Segments include Electronic Components & Equipments which contributed Rs 10565.69 Crore to Sales Value (87.43 % of Total Sales), Sale of services which contributed Rs 1223.53 Crore to Sales Value (10.12 % of Total Sales), Other Operating Revenue which contributed Rs 284.13 Crore to Sales Value (2.35 % of Total Sales), Rent which contributed Rs 6.27 Crore to Sales Value (0.05 % of Total Sales) and Scrap which contributed Rs 4.98 Crore to Sales Value (0.04 % of Total Sales)for the year ending 31-Mar-2019.

For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 2663.57 Crore, up 29.19 % from last quarter Sales of Rs 2061.72 Crore and down -19.08 % from last year same quarter Sales of Rs 3291.53 Crore Company has reported net profit after tax of Rs 335.19 Crore in latest quarter. The company’s top management includes Dr.Amit Sahai, Dr.Bhaskar Ramamurthi, Dr.R K Shevgaonkar, Dr.Vijay Shankar Madan, Mr.K M Shivakumaran, Mr.Koshy Alexander, Mr.M V Gowtama, Mr.Mukka Harish Babu, Mr.Nataraj Krishnappa, Mr.Sharad Sanghi, Mr.Sunil Kumar Kohli, Mr.Surendra Singh Sirohi, Mr.V Mahesh, Mr.Vinay Kumar Katyal, Mrs.Anandi Ramalingam, Mrs.Usha Mathur, Ms.J Manjula. Company has Suri & Co. as its auditors. As on 30-09-2019, the company has a total of 2,436,592,943 shares outstanding.

[“source=economictimes”]