Bharat Electronics Stocks: Buy Bharat Electronics; Target price Rs 125: ICICI Securities | Techno Glob


Call buy on Bharat Electronics with a target price of Rs 125. Bharat Electronics Ltd. Its current price is Rs 105.8. Bharat Electronics Ltd. The time period given by the analyst when the price can reach the specified target is one year.

Established in 1954, Bharat Electronics Ltd. is a Large Cap company with a market cap of Rs 77520.20 crore in the Defense sector.

Bharat Electronics Ltd. Major product/revenue segments include electronic components and devices; selling services; other operating profit; Scrap and lease included in the year ending 31-Mar-2022.

Finance

For the quarter ended 30-09-2022, the company had a total revenue of Rs 4035.38 crore; The total revenue for the last quarter was Rs 3222.82 crore, an increase of 25.21%, and the total revenue for the same quarter last year was up 7.89% from Rs 3740.43 crore. The company reported a net profit after tax of Rs 614.83 crore in the last quarter.


Promoter/FII Holdings
Promoters hold 51.14 per cent stake in the company as on 30-Sept-2022, while FIIs hold 15.99 per cent; DIIs own 25.58 percent.

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