Bharat Electronics: Should You Hold This Stock For Long-Term Or Book Profits?

Bharat Electronics Ltd.'s share price climbed 3.90% on Wednesday, reaching an all-time high. This upward momentum followed the company's strong fourth-quarter earnings report and positive evaluations from various brokerages. BEL's earnings growth in Q4 is likely a key driver behind the stock's performance. The company's consolidated net profit rose by 18.4% to Rs 2,127 crore in the January-March quarter, compared to Rs 1,797 crore in the same period last year. This result exceeded Bloomberg analysts' consensus estimate of Rs 1,752 crore.

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