11/7/2024, 10:37:02 am

BEL shares may jump to ₹400, provided it crosses a short-term target

Shares of Bharat Electronics Ltd. have surged 165% in the last 12 months and 80% this year. Market expert Ashish Bahety predicts the stock could reach ₹400 per share, with a short-term target of ₹360 and a stop loss at ₹320. Despite being overbought, Bahety advises holding the stock, expecting momentum in defense-related stocks before the budget and potential further gains afterwards.