Aerospace & Defence
Aerospace & Defence - Equipments
from 409 today
We initiate coverage on Indian Defence Sector with a Buy rating on Bharat Electronics and a target price of Rs 506.
We retain positive stance on the company and maintain Buy rating on the stock with target price of INR 532 valuing the company at 45x its 1HFY29E EPS.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.