Archives
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ELECTRONICS June 7, 2019 Golden Cross on charts: Buy Bharat Electronics, PFC and NMDC for double digit returns
By: Loknath DasSince the new government at the Centre is settled, the focus now shifts on the execution of poll promises. BJP’s manifesto envisages overall infrastructure investment to the tune of Rs 100 lakh crore by 2022. In the next three years, power, highways, airports, housing and urban infrastructure will be in the focus creating a strong […]
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ELECTRONICS April 27, 2019 8 Bharat Electronics officials in soup over favouring companies
By: Loknath DasThe vigilance department of Bharat Electronics Limited (BEL), a defence public undertaking, has ordered blacklisting of a design consultant and action against eight of its own senior officials over irregularities in awarding contracts. BEL allegedly allocated a consultancy contract to RD Konsultants for a confidential defence project to a single company without following due process, […]
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ELECTRONICS April 14, 2019 Bharat Electronics Q4 PAT may dip 20% YoY to Rs. 446.9 cr: Prabhudas Lilladher
By: Loknath DasPrabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Capital Goodssector. The brokerage house expects Bharat Electronics to report net profit at Rs. 446.9 crore down 20% year-on-year (down 12% quarter-on-quarter). Net Sales are expected to increase by 32.9 percent Q-o-Q) to Rs. 3,609.4 crore, according to Prabhudas Lilladher. Earnings before interest, tax, […]
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ELECTRONICS April 13, 2019 Bharat Electronics Q4 PAT may dip 38.8% YoY to Rs. 342.1 cr: ICICI Direct
By: Loknath DasICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects Bharat Electronics to report net profit at Rs. 342.1 crore down 38.8% year-on-year (down 32.6% quarter-on-quarter). Net Sales are expected to increase by 6.5 percent Y-o-Y (up 41.5 percent Q-o-Q) to Rs. 3,843.1 crore, according to ICICI Direct. […]
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ELECTRONICS March 10, 2019 Bharat Electronics launches SWAGAT – Automatic Fare Collection Gating System
By: Loknath DasBEL is taking up the large-scale manufacturing and deployment of the System at its manufacturing facilities. Bharat Electronics Limited (BEL), a defence public sector undertaking, presented SWAGAT – the Automatic Fare Collection Gating System. Prime Minister Narendra Modi launched the system on Monday as part of the inaugural of Phase I of the Ahmedabad Metro. […]
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ELECTRONICS January 11, 2019 Bharat Electronics Q3 PAT seen up 12.5% YoY to Rs. 340.7 cr: ICICI Direct
By: Loknath DasICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Capital Goods sector. The brokerage house expects Bharat Electronics to report net profit at Rs. 340.7 crore up 12.5% year-on-year (down 40.4% quarter-on-quarter). Net Sales are expected to increase by 13 percent Y-o-Y (down 16 percent Q-o-Q) to Rs. 2,839.3 crore, according to ICICI Direct. […]
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ELECTRONICS September 10, 2018 Bharat Electronics, Vodafone Idea, Force Motors, IndiGo hit 52-week lows
By: Loknath DasA broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai (Photo: Reuters) Shares of Bharat Electronics (BEL), Vodafone Idea, Force Motors, Castrol India, InterGlobe Aviation (IndiGo) and Tata Communications have hit their respective 52-week lows on the BSE as the benchmark indices are trading lower for the sixth trading days. Besides BEL, total […]
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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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ELECTRONICS April 9, 2018 Micromax Bharat Go and Lava Z50 Android Go First Impressions
By: Loknath DasMicromax Bharat Go and Lava Z50 Android Go will be released shortly in the Indian market HIGHLIGHTS Android Go is meant for low-end devices and focusses on performance Micromax Bharat Go and Lava Z50 will go on sale in India shortly Neither handset was very quick, but were good enough to be functional While the […]
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ELECTRONICS January 6, 2018 Inside the Mission Control Centre for ‘Bharat ka Moonshot’
By: Loknath DasHIGHLIGHTS The XPRIZE is a competition for privately funded space exploration TeamIndus is one of only five finalists competing for the Lunar XPRIZE Its lander is also carrying rival Team Hakuto’s Sorata rover Picture this: you’re in a darkened command centre, with several rows of desks – each with monitors on them – all lined […]
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ELECTRONICS August 21, 2017 Buy Tata Consultancy Services, Bharat Electronics: Mitessh Thakkar
By: Loknath DasMitessh Thakkar of miteshthacker.com told CNBC-TV18, “I have two buy calls. Tata Consultancy Services(TCS) has moved up marginally, but I think if you get it around Rs 2,530-2,525, buy it with a stop loss just below Rs 2,500 and look for Rs 2,580 as the first target.” “Bharat Electronics (BEL) is trying to get past those levels […]
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ELECTRONICS May 27, 2017 Bharat Electronics Limited: Empowering India’s armed forces
By: Loknath DasGuided by a farsighted vision to make the country self-reliant in Defence electronics, Bharat Electronics Limited (BEL) was set up in Bangalore in 1954 by the Government of India under the Ministry of Defence (MoD). From a humble beginning, BEL has come a long way. It is now a Navratna PSU and India’s foremost Defence […]
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