Synopsis
Antique remains bullish on Power Grid, Bharat Electronics, and Sumitomo Chemical India, maintaining a “Buy” rating on all three. Power Grid benefits from strong order inflows, Bharat Electronics leads in defence electronics with record-high orders, and Sumitomo Chemical gains from new products and export growth. Upside potential: Power Grid (33%), Bharat Electronics (37%), Sumitomo Chemical (20%).
Antique remains optimistic about the growth prospects of Power Grid Corporation of India, Bharat Electronics, and Sumitomo Chemical India, maintaining a “Buy” rating on all three stocks.Power Grid continues to strengthen its market position with a robust order book and consistent transmission order wins.Bharat Electronics stands out as a leader in the defence electronics sector, backed by strong financial performance and a record-high order
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