INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Bharat Electronics Ltd
with a target price of Rs 97
The current market price of Bharat Electronics Ltd
Time period given by the analyst is Intra Day when Bharat Electronics Ltd
price can reach the defined target
Dr CK Narayan recommended to keep stoploss at Rs 90
Bharat Electronics Ltd., incorporated in 1954, is a largecap company with a market cap of Rs 22769.96 crore.
Bharat Electronics Ltd
key Products/Revenue Segments include Electronic Components Equipments which contributed Rs 9073.67 Crore to Sales Value (87.24 % of Total
Sales), Sale of services which contributed Rs 1011.17 Crore to Sales Value (9.72 % of Total Sales), Other Operating Revenue which
contributed Rs 302.44 Crore to Sales Value (2.90 % of Total Sales), Scrap which contributed Rs 6.93 Crore to Sales Value (0.06 % of Total
Sales) and Rent which contributed Rs 6.40 Crore to Sales Value (0.06 % of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 31-12-2018, the company has reported a Standalone sales of Rs 2656.38 Crore, down -19.07 % from last quarter Sales of
Rs 3282.40 Crore and up 8.32 % from last year same quarter Sales of Rs 2452.31 Crore Company has reported net profit after tax of Rs 507.63
Mr.Nataraj Krishnappa, Mr.R N Bagdalkar, Mr.Sharad Sanghi, Mr.Surendra Singh Sirohi, Mr.V Mahesh, Mr.Vijay Shankar Madan, Mr.Vinay Kumar
Katyal, Mrs.Anandi Ramalingam, Mrs.Usha Mathur, Ms.J Manjula
as its auditoRs As on 31-12-2018, the company has a total of 2,436,592,943 shares outstanding.
