Stocks

Bharat Electronics stocks: Buy Bharat Electronics, target price Rs 125: Prabhudas Lilladher

Prabhudas Lilladher has buy call on Bharat Electronics with a target price of Rs 125. The current market price of Bharat Electronics is Rs 105.65. Time period given by analyst is one year when Bharat Electronics Ltd. price can reach defined target.

Bharat Electronics Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 78835.96 Crore) operating in Defence sector.

Bharat Electronics Ltd. 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 30-09-2022, the company reported a Consolidated Total Income of Rs 4035.38 Crore, up 25.21 % from last quarter Total Income of Rs 3222.82 Crore and up 7.89 % from last year same quarter Total Income of Rs 3740.43 Crore. Company reported net profit after tax of Rs 614.83 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 51.14 per cent stake in the company as of 30-Sep-2022, while FIIs owned 15.99 per cent, DIIs 25.58 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button