Page 5 - Bharat Electronics News Today

Renu Baid Pugalia of IIFL Institutional Equities discusses the earnings upgrades for Larsen & Toubro, ABB, and Siemens in the capital goods sector, highlighting the valuation struggles. She also mentions the positive outlook for MNC subsidiaries like Siemens and identifies potential value in companies such as Cummins and Transformers & Rectifiers.

A total of 717,327 shares changed hands on the counter till 10:40AM (IST)

PSU defence stocks have outperformed broader markets by wide margins. Here are the top 5 to watch out in 202

India's defense sector has a great opportunity to earn USD 138 billion from orders for defense equipment, technologies, and services between FY24 and FY32

Indias Hindustan Aeronautics Ltd reported a rise in fourth-quarter profit on Thursday, helped by demand for its aircraft from the countrys defence ministry. Consolidated net...

The market sentiment seems to be positive for now. Here are some trading ideas for the near term.

Siddhartha Khemka of MOFSL highlights the value of PSUs like Bharat Electronics and discusses various trends including Zomato, urban and rural consumption, two-wheeler sector, shipyard names, Vodafone, and Bharti Airtel. Khemka further says: "Among the PSUs, those in the capital goods space, defence, railways, power, utilities, metals definitely have a runway of growth."

On the options front, in the BEL May series, there is significant call open interest concentration at Rs 230, 235, and 240 strikes, with substantial additions of open interest observed on the put side at the Rs 230 strike

The stock quoted a 52-week high price of Rs 241.5 and low of Rs 105.75.

A total of 1,154,519 shares changed hands on the counter till time (IST).