Pending — not yet graded
“Motilal Oswal has reiterated a BUY recommendation on Bharat Electronics (BEL) with a target price of ₹530, valuing the stock at 45x two-year forward earnings. Despite trading at 42.2x FY27E EPS, BEL remains their top defence stock pick, indicating continued bullish conviction.”
Motilal Oswal Analysis’s track record: 6 graded calls · 95% CI 19–81%
Bharat Electronics LtdBullishCalled 15 Sep 2026
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