Hold Bharat Electronics for long term, may test Rs 200: Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "Bharat Electronics is a long-term hold. It has seen a good consolidation for a year or so and it has given a breakout. I think it is heading to levels closer to Rs 200 zones. It is a matter of time, it is going there. Dips can be bought and just have comfort in holding on to the stock."

At 14:50 hrs Bharat Electronics was quoting at Rs 169.00, up Rs 2.25, or 1.35 percent on the BSE.

The share touched its 52-week high Rs 186.85 and 52-week low Rs 126.12 on 11 May, 2017 and 24 June, 2016, respectively.