Company updateNDTV Profit
UBS raises BEL target to Rs 550 citing order pipeline
Positive+29
GreyOak summary
The brokerage cites a robust order pipeline of Rs 2.5 trillion for FY27-FY30 and expects an 18% CAGR in revenue and earnings. Analysts believe the market underestimates BEL's medium-term growth potential driven by domestic defence platforms.
What it affects
- Bharat ElectronicsBELPositive +29
Target price raised to Rs 550Rolling sentiment Positive +44
Source
Read the original at NDTV ProfitMore Bharat Electronics news
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