Bharat Electronics - Multiple Levers In Place To Fuel Growth; Anand Rathi Re-Initiates Coverage With A Buy

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Anand Rathi Report.India is increasingly asserting itself on the global stage, positioning as a dependable and credible provider of defense equipment and sophisticated electronics. Bharat Electronics Ltd. is steadily cementing its position as a leading global player in the field of electronics engineering. Fueled by its extensive proficiency in electronics and software, coupled with an unwavering commitment to innovation, BEL has remained at the forefront of equipping their nation's defense forces with pioneering solutions. Moreover, company is harnessing this expertise to expand their horizons, branching out into the development of comprehensive solutions spanning various disciplines for both civilian and international markets. BEL’s products are exported to Algeria, Armenia, Australia, Austria, Bahrain, Bangladesh, Belgium, Botswana, Brazil, Canada, Czech, Egypt, Finland, France, Germany, Ghana, Honduras, Hong Kong, Indonesia, Israel, Italy, Japan, Kenya, Kuwait, Malaysia, Maldives, Mauritius, Namibia, Netherlands, New Zealand, Nigeria, Oman, Philippines, Saudi Arabia, Scotland, Singapore, Slovakia, South Korea, Sri Lanka, Suriname, Sweden, Switzerland, Turkey, UAE, Uganda, UK, Ukraine, USA, Vietnam, Zambia, & Zimbabwe. .We expect BEL to see strong growth going forward due to many factors such as: Moving towards elf reliance in defence, Robust pipeline and focus of exports by Government of India,Strong order inflow to drive the revenue growth,Healthy profitability and return indicators. We re-initiate a ‘Buy’ coverage with a target price of Rs 250..Click on the attachment to read the full report:.PI Industries - Business Model Readied To Go Beyond Agrochemicals; Initiating, With A Buy: Anand Rathi.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Bharat Electronics - Multiple Levers In Place To Fuel Growth; Anand Rathi Re-Initiates Coverage With A Buy

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