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Bharat Dynamics: Recovery in business to support sentiment

The stock is reasonably valued after the recent correction. Order flows are expected to be good, with some of the large defence programmes reaching the final stages. The management has guided to a revenue of Rs 3,200 crore in fiscal 2024, up 28.5% from last fiscal.

June 28, 2023 / 11:57 IST
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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More