Bharat Electronics secures ₹7.32 bln in new orders
pre-market1 source ↓written by the desknot a recommendation
- to ₹415
- 1.2%
- stock has gained
- 41% YTD
Bharat Electronics has secured orders worth ₹7.32 bln, boosting its stock by 1.2% to ₹415. The major contracts include software defined radios developed in collaboration with DRDO. This win may enhance market sentiment as the stock has gained 41% YTD.
Traders should note the positive outlook as the stock is rated "buy" with a median price target of ₹424.
Not investment advice. For informational purposes only.