Buy Bharat Electronics Ltd For Target Rs.139 - Sushil Finance
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We initiated coverage on Bharat Electronics Ltd on September 09, 2019 at a price of Rs. 109 for a price target of Rs. 139, showcasing an upside of 29%.
BEL is currently trading at Rs.139, above our target price. Since the stock has breached our target price and delivered our expected return, we advise investors to book profits in BEL as we change the rating to Neutral and close the call.
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