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Patakha stock picks! ICICI Bank, BEL, 6 other stocks with 62% to buy this Samvat 2023. See full list

来源:The Economic Times · 印度 1 小时前
Patakha stock picks! ICICI Bank, BEL, 6 other stocks with 62% to buy this Samvat 2023. See full list
The Economic Times

详细摘要

In this environment, sustainable wealth creation is likely to depend less on broad-based market movements and more on identifying businesses capable of delivering consistent…

As investors enter Samvat 2083, the landscape calls for selectivity rather than indiscriminate optimism. Global uncertainties, fluctuating capital flows and evolving market expectations continue to influence equity performance. In this environment, sustainable wealth creation is likely to depend less on broad-based market movements and more on identifying businesses capable of delivering consistent earnings growth.

PL Capital has set a target price of Rs 490 for Bharat Electronics (BEL), implying an upside of 24% from current levels. The company has a strong order book of Rs 68,720 crore, equivalent to 2.3x its trailing 12-month sales, providing healthy execution visibility. Key programmes, including Electronic Fuses, LCA MK1A, LR-SAM, BMP-2 upgrades, Ashwini Radar and EW Suites for Mi-17, account for around Rs 17,600 crore.

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