Bharat Electronics News Today

Stock Market Today | BSE Sensex, Nifty50 Live: BSE Sensex and Nifty50, the Indian equity benchmark indices, surged in opening trade on Monday to hit

Ext poll 2024 results: Dhiraj Relli of HDFC Securities said infrastructure, BFSI, capital goods and telecom sectors could be the key beneficiaries. Kranthi Bathini of WealthMills Securities said he is positive on railways and defence stocks.

During the election season, PSU stocks, also known as Modi stocks, surged in value by Rs 7 lakh crore as investors showed confidence in PM Narendra Modis policies and leadership, especially in defence PSUs like Cochin Shipyard and Bharat Dynamics.

The verdict of the Supreme Court in Writ Petition (Civil) No. 434 OF 2023, Association of Democratic Rights v. Election Commission of India, raises more questions than it answers, especially...

India Business News: The list of election season winners is dominated by shares of defence PSUs, which are among the primary beneficiaries of PM Modi's 'Aatmanirbhar Bhara

Siddhartha Khemka assesses Paytms situation, noting the impact of RBI regulations on the banking business. He emphasizes the need for management changes and regulatory approvals for growth in the lending and distribution segments. Khemka also says that they have a buy rating on both Jindal Steel and JSW Steel and also have a positive view on Coal India as well as NMDC which are dependent on the overall metal pack.

New Delhi/IBNS: Equity research and rating firm Nomura said in its latest report that India, followed by Vietnam, were the biggest beneficiaries of the shifts in global supply chains due to the China+1 strategy adopted by transnational corporations.

Rajat Sharma, Founder & CEO of Sana Securities, discusses the market valuations, particularly on the Nifty, currently at 21.9. He believes India is a bright spot even in a potential market correction or crash. Sharma says that post election results, on 10th or 12th July we will have the Union Budget and post that, there would be some correction.

The stock quoted a 52-week high of Rs 303.35 and a 52-week low of Rs 110.2.

Bharat Electronics (BEL) reported excellent results for the January-March quarter (Q4) of FY24, which were driven by decent EBITDA margins and higher PAT as well as good revenue growth. Order inflows were also good. BEL is a major beneficiary of the policy of defence indigenisation.