ZEE said it is focused on adopting a frugal approach, as it moves forward towards the set goals for the future. Goenka said it is imperative to adapt as per the situation and at this point in time, ‘accountability & agility’ is the need of the hour.
With zero debt and comfortable working capital position, Bharat Electronics is well-placed to benefit from the defence opportunity, Jefferies said. Global OEM tie-ups not giving a material benefit is seen as a key risk for the HAL stock.