BEL shares rallied 8% today; price targets suggest further upside on defence stock
Navratna PSU Bharat Electronics Ltd (BEL) saw its shares rallying over 9 per cent in Tuesday’s trade, as its Q4 earnings beat Street estimate led by strong margins and jump in other income. Up-fronting of order inflows led to a beat in overall order inflows for the company. Gross profit margin has remained strong for …