Buy Bharat Electronics, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "These stocks are really running up on expectation more than really seeing any translation into real orders. But that said, it does not mean that the real orders will not happen, because at the end of the day, this is something that the government has been talking about for some time that there will be bigger orders in defence coming to some of these domestic companies.""Also the business that Bharat Electronics (BEL) is in is fairly, in that sense, they are in sort of a niche play and whether it is the large kind of engineering orders, the execution, etc. they do have a sort of a lead over there as compared to some of the other private players and they will continue to get those larger orders. So, you can buy, but you need to really keep that in mind that these stocks tend to be little choppy. So stay with them. Keep your faith and stay invested in them for a couple of years," she added