Kotak Neo's Shrikant Chouhan bullish on BEL, Greenply; check targets
Bharat Electronics is in focus in a defence development.
· Business Standard Mkts
Stocks to buy today: Kotak Neo's Shrikant Chouhan has shared a bullish view on Bharat Electronics Limited and Greenply Industries Limited.
The analysis
Against that, the stock is +1.9% on the day at ₹375.00, and has returned -9.8% over three months. It sits 20% below its 52-week high. The defence & aerospace sector has moved +0.0% over the same period, so Bharat Electronics is running 9.8 points behind its peers.
For Bharat Electronics, the question is how much of this is already reflected in the price and how much re-rates the defence & aerospace peer set alongside it.
Why it matters
- Defence orders carry long execution tails and policy tailwinds, which the market values for their visibility.
Market context
- The company directly in focus is BEL.
- Sector exposure: Defence & Aerospace.
In this story
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