• ELECTRONICS
    Citigroup maintains buy on Bharat Electronics, cuts target price

    Citigroup has cut target price on Bharat Electronics in the long term while maintaining a buy rating. he stock ended down 5.8% at Rs 112.50 on Tuesday while the BSE Sensex closed 53.73 points down at 40,248.23. Company Financials For the quarter ended 30-09-2019, the company has reported consolidated sales of Rs 2663.57 crore, up 29.19% from last […]

  • ELECTRONICS
    Buy Bharat Electronics, target Rs 116: Kunal Bothra

    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 […]

  • ELECTRONICS
    Bharat Electronics signs MoU with TEL for ammunition business

    Bharat Electronics Limited (BEL), has signed a memorandum of understanding (MoU) with Tamil Nadu Industrial Explosives Limited (TEL), a Tamil Nadu government undertaking, for co-operation in the explosives segment.. The MoU was signed by Anandi Ramalingam, Director-Marketing, BEL, and C Kamaraj, CMD, TEL, recently, in the presence of Edappadi K Palaniswami, Chief Minister of Tamil […]

  • ELECTRONICS
    Bharat Electronics Q2 PAT seen up 1.3% YoY to Rs. 578.5 cr: ICICI Direct

    ICICI Direct has come out with its second quarter (July-September’ 19) earnings estimates for the Capital Goods & Power sector. The brokerage house expects Bharat Electronics to report net profit at Rs. 578.5 crore up 1.3% year-on-year (up 182.6% quarter-on-quarter). Net Sales are expected to increase by 5.7 percent Y-o-Y (up 70.1 percent Q-o-Q) to Rs. 3,573.9 crore, according to […]

  • ELECTRONICS
    Buy Bharat Electronics; target of Rs 140: Sharekhan

    Bags Akash Missile System order worth Rs. 5,357 crore from MoD, GoI, to be delivered in three years. Cumulative order intake for FY2020 till date increases to Rs. 7,342 crore, but it is lower by around 50% against H1FY2019 (owing to LRSAM order intake of Rs. 9,200 crore in Q2FY2019). Robust order book of Rs. […]

  • ELECTRONICS
    Bharat Electronics Limited 2019 Recruitment: Vacancy for Contract Engineer Post

    Bharat Electronics Limited (BEL) has released its official notification for the recruitment of Contract Engineer posts. Through this recruitment process, BEL will fill 05 vacancies on a Contract basis for one year for its Kotdwara Unit, Uttarakhand. Important Date: Name of the Event Date Application started on 7th August 2019 Application Ends on 28th August 2019 Eligibility […]

  • ELECTRONICS
    Bharat Electronics Q1 PAT seen up 27.5% YoY to Rs. 229.1 cr: Kotak

    Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Capital Goodssector. The brokerage house expects Bharat Electronics to report net profit at Rs. 229.1 crore, up 27.5% year-on-year (down 65.7% quarter-on-quarter). Net Sales are expected to increase by 13.5 percent Y-o-Y (down 38.6 percent Q-o-Q) to Rs. 2,385.9 crore, according to Kotak. Earnings before […]

  • ELECTRONICS
    Buy Bharat Electronics; target of Rs 135: ICICI Direct

    Bharat Electronics reported yet another stellar quarter, continuing its legacy of guiding lower and delivering higher. For the quarter, the company reported revenues of Rs 3885 crore, up 7.7% YoY. EBITDA grew 16.7% YoY. EBITDA margins came in strong at 23.9% vs. 22.1% YoY due to gross margin expansion of 630 bps YoY. Higher gross […]

  • ELECTRONICS
    Buy Bharat Electronics, target Rs 116: Kunal Bothra

    Independent analyst Kunal Bothra has a buy call on Bharat Electronics with a target price of Rs 116. The current market price of Bharat Electronics is Rs 110.55. Time period given by analyst is Intra Day when Bharat Electronics price can reach the defined target. Kunal Bothra recommended to keep the stop loss at Rs 107. Bharat […]