Buy Bharat Electronics, target Rs 199: Chandan Taparia

Chandan Taparia of Motilal Oswal Securities has a buy call on Bharat Electronics with a target price of Rs 199.

The current market price of Bharat Electronics is Rs 188.55.

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

Chandan Taparia recommended to keep stop loss at Rs 183.

Bharat Electronics, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 46,326.56 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 30-09-2017, the company has a total of 2,233,627,930 shares outstanding.