Sell Bharat Electronics, target Rs 135: Dr CK Narayan

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Dr CK Narayan of Chart Advise has a sell call on Bharat Electronics with a target price of Rs 135.

The current market price of Bharat Electronics is Rs 142.35.

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

Dr CK Narayan recommended keeping a stop loss at Rs 147.

Bharat Electronics, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 35,012.12 Crore) operating in Electronics sector.

The company’s top management includes Dr.Ajit T Kalghatgi, Dr.Bhaskar Ramamurthi, Dr.R K Shevgaonkar, Mr.Chandraker Bharti, Mr.Koshy Alexander, Mr.M V Gowtama, Mr.Mukka Harish Babu, Mr.Nataraj Krishnappa, Mr.R N Bagdalkar, Mr.Sharad Sanghi, Mr.Surendra Singh Sirohi, Mr.Vijay Shankar Madan, Mrs.Anandi Ramalingam, Mrs.Usha Mathur.

The company has Badari, Madhusudhan & Srinivasan as its auditors.

As on 31-03-2018, the company has a total of 2,436,592,943 shares outstanding.

Source: Economic Times