INSUBCONTINENT EXCLUSIVE:
Kunal Bothra has a buy call on Bharat Electronics Ltd
with a target price of Rs 115.0
The current price of Bharat Electronics Ltd
Kunal Bothra recommended to keep a stoploss at Rs 102
Bharat Electronics Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 25718.24 Crore) operating in
key Products/Revenue Segments include Electronic Components - Equipments which contributed Rs 10565.69 Crore to Sales Value (87.43 % of
Total Sales), Sale of services which contributed Rs 1223.53 Crore to Sales Value (10.12 % of Total Sales), Other Operating Revenue which
contributed Rs 284.13 Crore to Sales Value (2.35 % of Total Sales), Rent which contributed Rs 6.27 Crore to Sales Value (0.05 % of Total
Sales) and Scrap which contributed Rs 4.98 Crore to Sales Value (0.04 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 2663.57 Crore, up 29.19 % from last quarter Sales of
Rs 2061.72 Crore and down -19.08 % from last year same quarter Sales of Rs 3291.53 Crore Company has reported net profit after tax of Rs
335.19 Crore in latest quarter
Mr.Mukka Harish Babu, Mr.Sunil Kumar Kohli, Mr.Surendra Singh Sirohi, Mr.V Mahesh, Mr.Vinay Kumar Katyal, Mrs.Anandi Ramalingam, Mrs.Shikha
as its auditoRs As on 30-09-2019, the company has a total of 2,436,592,943 shares outstanding.