Buy Bharat Electronics, target price Rs 126.4: ICICI Direct

economictimes.indiatimes.com:

Bharat Electronics with a target price of Rs 126.4. The current market price of Bharat Electronics is Rs 124.7.

Time period given by analyst is Intra Day when Bharat Electronics price can reach defined target. ICICI Direct recommended to keep stop loss at Rs 123.2.

Bharat Electronics, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 91518.43 Crore) operating in Defence sector. Bharat Electronics key Products/Revenue Segments include Electronic Components & Equipments, Sale of services, Other Operating Revenue, Scrap and Rent for the year ending 31-Mar-2022.Financials For the quarter ended 31-03-2023, the company has reported a Consolidated Total Income of Rs 6545.28 Crore, up 55.40 % from last quarter Total Income of Rs 4211.76 Crore and up 2.21 % from last year same quarter Total Income of Rs 6403.75 Crore.