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via economictimes.indiatimes.comBusiness & Companies

Bharat Electronics shares gain 3% as Motilal raises target, Elara upgrades to Buy

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Bharat Electronics shares gained after Motilal Oswal raised its price target and Elara Capital upgraded its rating to Buy. Brokerages cited strong order visibility, healthy revenue growth and margin prospects, while delays in major defence orders remain a key risk.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishTarget and rating revisions on an Indian defence stock after its second-quarter results.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Motilal Oswal raised its price target after Q2.
  2. 02Elara Capital upgraded its rating to Buy.
  3. 03Delays in major defence orders remain a key risk.

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