Buy Bharat Electronics, target Rs 170: Shrikant Chouhan

Shrikant Chouhan of Kotak Securities Limited has a buy call on Bharat Electronics with a target price of Rs 170.

The current market price of Bharat Electronics is Rs 157.70.

Time period given by the analyst is 'Intra Day' when Bharat Electronics price can reach defined target.

Shrikant Chouhan recommended to keep a stop loss at Rs 153.

Bharat Electronics, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 38,746.74 Crore) operating in Electronics sector.

The company’s top management includes Dr.Ajit T Kalghatgi, Dr.Bhaskar Ramamurthi, Dr.R K Shevgaonkar, Mr.Girish Kumar, Mr.M V Gowtama, Mr.Nataraj Krishnappa, Mr.R N Bagdalkar, Mr.Sharad Sanghi, Mrs.Anandi Ramalingam, Mrs.Kusum Singh, Mrs.Usha Mathur.

Company has Badari, Madhusudhan & Srinivasan as its auditors.

As on 31-12-2017, the company has a total of 2,456,990,723 shares outstanding.