Nuvama expects Bharat Electronics to continue trading at a premium valuation. It prefers BEL over HAL given its better execution, higher OPM and return on equity, faster cash conversion, higher asset turnover going forward, and lower risks.
Nuvama expects Bharat Electronics to continue trading at a premium valuation. It prefers BEL over HAL given its better execution, higher OPM and return on equity, faster cash conversion, higher asset turnover going forward, and lower risks.