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Buy Bharat Electronics, target Rs 1230: Hem Securities

Posted on: May 5th 2009 in Brokerage Recommendations.

Hem Securities has recommended a buy rating on Bharat Electronics with a price target of Rs 1230 in its May 4, 2009 research report. “The company is presently trading at 9.47 times to its earnings of Rs 101.90 and 1.93 times to its book value of Rs 499.20. …

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