UBS upgrades BEL to ‘Buy’ from ‘Neutral’: Here’s why the defence giant is back in focus
- Posted on May 23, 2025
- By Financial Express
- 1 Views
UBS upgrades BEL to ‘Buy’ from ‘Neutral’: Here’s why the defence giant is back in focus
UBS has upgraded Bharat Electronics to a ‘Buy’ rating with a new price target of Rs 450, citing a surge in new orders and potential growth in domestic and export markets. The brokerage expects BEL’s order book to grow at 17% CAGR between FY25 and FY28, with FY26 being a turning point for the company […]
