Buy Bharat Electronics at 163 or higher
Updated
Buy Bharat Electronics at 163 or higher for Targets of 189 and 247
Fundamentals:
High Management Efficiency with a high ROE of 17.51%
Company has a low Debt to Equity ratio (avg) at 0 times
Healthy long term growth as Operating profit has grown by an annual rate 18.60%
Positive results in Mar 21: ROCE(HY) Highest at 26.66 %NET SALES(Q) Highest at Rs 6,917.47 crPBDIT(Q) Highest at Rs 1,980.90 cr.
Fundamentals:
High Management Efficiency with a high ROE of 17.51%
Company has a low Debt to Equity ratio (avg) at 0 times
Healthy long term growth as Operating profit has grown by an annual rate 18.60%
Positive results in Mar 21: ROCE(HY) Highest at 26.66 %NET SALES(Q) Highest at Rs 6,917.47 crPBDIT(Q) Highest at Rs 1,980.90 cr.
Trade closed manually
first target achieved, momentum poor, exiting
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