What makes this defence player favourite among investors
To achieve a double digit revenue growth for the fiscal year, the company needs to clock over 16% growth in the second half.
Synopsis
Analysts had anticipated a lukewarm trend in the revenue for the current fiscal year given the subdued growth in the June quarter.
ET Intelligence Group: The stock of Bharat Electronics, a supplier of electronic equipment for Indian armed forces, has gained 26% since its second quarter results in the first week of November following the company’s guidance of a double digit revenue growth for the year and a better order intake.Analysts had anticipated a lukewarm trend in the revenue for the current fiscal year given the subdued growth in the June quarter. However, the