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ELECTRONICS September 10, 2018 Bharat Electronics corrects for 9th consecutive session, hits new 52-week low on Axis Capital downgrade
By: Loknath DasState-owned defence company Bharat Electronics share price has been correcting for ninth consecutive session on Thursday amid government’s likely new pricing policy for defence orders which may limit margin. The stock corrected 23.7 percent in nine straight days to hit fresh 52-week low of Rs 89.70 despite positive management commentary on new pricing policy and after large […]
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