Company updateFinancial Express
BEL set to rally 36%? Why UBS just added this defence PSU to its exclusive APAC list
Positive+56
GreyOak summary
UBS raised Bharat Electronics' target price to Rs 550 from Rs 500 and reiterated a 'Buy' rating, implying 36% upside. The broker cited high order visibility and a robust domestic supply chain as key drivers for medium-term earnings growth.
What it affects
- Bharat ElectronicsBELPositive +56
UBS raised target price to Rs 550Rolling sentiment Positive +44
Source
Read the original at Financial ExpressMore Bharat Electronics news
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