BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Bharat Electronics Ltd.'s management’s target of scaling up the non-defense business remains on track.
It is aiming at a 20-30% share in total revenue over the next few years (~10% now).
Bharat Electronics has received a trail order from Delhi metro, which marks its beginning in the railways and metro business.
In medical electronics, it is working with aggregators who can undertake deliveries and installations across hospitals.
It entered software-as-a-solution last year and aims to scale the business to Rs 50 billion over the next three years.
In line with the government’s Make in India initiative, there are 692 items which have been identified by the Ministry of Defense’s under its Indigenisation portal (Srijan) from which the company stands to benefit.
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