Bharat Electronics Ltd. (BEL), a leading defence electronics company in India, continues to solidify its position with a strong order book, efficient execution, and improving margins. Recently included in the Nifty 50 index, BEL's stock has corrected from its peak of Rs 340 in July 2024 to Rs 279, offering reasonable valuation at 29x FY27 estimated earnings. With a focus on defence contracts, R&D investments, and margin expansion, BEL is poised for sustained growth.
first published: Feb 12, 2025 08:00 am
A collection of the most-viewed Moneycontrol videos.
Live: Nifty registers third straight week of gains, up 2% in November | Closing Bell
Live: Can Nifty continue to step up its move to fresh peaks? | Opening Bell
Live: Sensex, Nifty retreat after mounting on new lifetime highs | Closing Bell
Live: Will bulls take Nifty to fresh lifetime highs today? | Opening Bell
