Domestic brokerage firm Prabhudas Lilladher has cut its base case Nifty 50 target by nearly 6% to 25,689 from 27,172 earlier. It has also cut Nifty’s Earnings Per Share (EPS) estimates by 0.8%, 2% and 2.6% for financial year 2025, 2026 and 2027 respectively. “We recommend selective buying for long-term gains,” Prabhudas Lilladher said in […]
Here’s why Prabhudas Lilladher is positive on Bharat Electronics and Hindustan Aeronautics – CNBC TV18
Amit Anwani, Research Analyst at Prabhudas Lilladher, recommends buying Bharat Electronics (BEL) with a target price of ₹340 and suggests accumulating Hindustan Aeronautics (HAL) with a target of ₹4,110. They believes that the defence sector should be viewed with a long-term perspective due to its execution cycles and ongoing changes. The government’s focus over the […]