Company updateMoneycontrol
Neutral Bharat Dynamics; target of Rs 1130: Motilal Oswal
Neutral0
GreyOak summary
Motilal Oswal maintains a Neutral rating on Bharat Dynamics with a revised target price of Rs 1130. The brokerage lowered its valuation multiple to 40x, citing disappointing margin performance despite strong order inflows.
What it affects
- Bharat DynamicsBDLNeutral 0
Revenue beat; margins contracted; TP revisedRolling sentiment Negative -71
Source
Read the original at MoneycontrolMore Bharat Dynamics news
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