Jan 12, 2017 03:47 PM IST | Source: CNBC-TV18

Hold Bharat Electronics, says Avinash Gorakshakar

Avinash Gorakshakar, Market Expert is of the view that one may hold Bharat Electronics.

Avinash Gorakshakar, Market Expert told CNBC-TV18, "One should definitely hold Bharat Electronics. Our sense is that Bharat Electronics has already got a very strong order book and order book visibility is pretty strong. I think in the defence space there could be some good traction in the coming Budget and more importantly the stock is going to be spilt very soon, so liquidity will improve."

"I think earnings growth would be definitely be better than FY17-FY18 and I would definitely look at around 14-15 percent upside even from the current levels. So, I think one should hold on with 6-8 months’ time period," he added.

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