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Options Trade | A non-directional options strategy in Bharat Electronics

Bharat Electronics is expected to remain sideways within our range. An Iron Condor trade to capitalise on high volatility

June 20, 2022 / 07:14 AM IST
Options Trade | A non-directional options strategy in Bharat Electronics

Bharat Electronics net profit for March quarter falls 16% YoY. Bharat Electronics reported a 16% year on year drop in its net profit for the March quarter to Rs 1140 crore. Revenue for the quarter fell 9% from a year ago to Rs 6320 crore. According to a Bloomberg analysts poll, the firm expected to post a profit of Rs 1240 crore while revenue was expected at Rs 6370 crore. Total order book as on 1 April stood at Rs 57570 crore.

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