• 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
    Niti Aayog, Electronics Ministry spar over Rs 7,000-crore AI mission

    The government’s premier think tank Niti Aayog and the ministry of electronics and IT (MeitY) are sparring over the creation of an artificial intelligence mission, people familiar with the development told ET. In an inter-ministerial meeting held earlier this month, MeitY officials verbally raised concerns over the many “overlaps” between Niti Aayog’s 7,000-crore AI road map, and […]

  • 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 […]

  • ELECTRONICS
    Initiative retains Sony Electronics media duties worth Rs 200 crore

    Initiative has retained media duties for Sony Electronics. The size of the account is estimated to be around Rs 200 crore. Industry sources confirmed to exchange4media that following a multi-agency pitch, Initiative retained the integrated media mandate of Sony Electronics India. exchange4media reached out to Initiative and Sony for an official confirmation but did not […]

  • ELECTRONICS
    Bharat Electronics Q4 PAT may dip 20% YoY to Rs. 446.9 cr: Prabhudas Lilladher

    Prabhudas 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, […]

  • ELECTRONICS
    Bharat Electronics Q4 PAT may dip 38.8% YoY to Rs. 342.1 cr: ICICI Direct

    ICICI 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. […]

  • ELECTRONICS
    Bharat Electronics Q3 PAT seen up 12.5% YoY to Rs. 340.7 cr: ICICI Direct

    ICICI 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. […]

  • NEWS
    HP 260 G3 Desktop Mini Launched in India Starting at Rs. 19,990

    HIGHLIGHTS Intel Core i3 with 18.5-inch monitor configuration starts at Rs. 25,990 A maximum of 32GB of DDR4 RAM can be configured on the system Teachers can read and present files effortlessly using the Desktop Mini HP India on Monday introduced an affordable mini desktop to help students learn and collaborate in schools and educational institutions […]