BEL Secures Rs.2,210 Crore Order for Electronic Warfare Suite from Indian Air Force: A Game-Changer for Future Growth
In a significant move to enhance its capabilities, Bharat Electronics Limited (BEL) has received a lucrative Rs.2,210 crore order from the Indian Air Force for the supply of an advanced Electronic Warfare (EW) suite. This monumental contract highlights BEL’s critical role in India’s defense modernization efforts and reinforces its position as a leader in the defense technology sector. The strategic importance of Electronic Warfare in modern combat operations cannot be overstated, and this order is expected to drive BEL’s revenue growth while strengthening its portfolio of defense-related technologies. In this blog, we will explore how this landmark order could impact BEL’s financial outlook, stock performance, and overall market position heading into 2025.
Article Highlights
- BEL Stock Rises After Securing Rs 593 Crore Defense Contract with Indian Air Force.
- BEL Share Price Drops 5% as PSU Giant Falls Short of FY25 Order Inflow Estimates.
- BEL has achieved a remarkable milestone by securing a total order book worth Rs.18,415 crore in the ongoing financial year, showcasing strong demand and consistent growth in India’s defense and electronics sector.
- Bharat Electronics Limited (BEL) saw a slight uptick in its share price during early trading on April 3, after announcing a significant Rs 593.22 crore contract with the Indian Air Force for long-term maintenance of the Akash Missile System. The stock was trading at Rs 283.10 on the BSE, reflecting a modest gain of 0.25%. In addition to this deal, BEL has also finalized negotiations for securing fresh orders worth approximately Rs 5,000 crore, reinforcing its strong order pipeline and future growth prospects in the defense sector.
BEL Order Book FY25
Shares of Bharat Electronics Ltd (BEL) experienced a sharp decline of over 5% on April 2 following the defense PSU’s announcement that it had fallen short of its order inflow target for FY25. Despite achieving a turnover of approximately Rs 23,000 crore for FY24-25—reflecting a 16% year-on-year growth—the company’s revenue fell short of the expected Rs 25,000 crore, causing investor concern. By 10:10 AM on April 2, BEL’s stock was trading at Rs 276.6, down by 5.3%. The company also reported a notable increase in export sales, reaching around $106 million, marking a 14% rise compared to the previous fiscal year. With a market capitalization of Rs 2.02 lakh crore, BEL’s performance continues to be a key focus for investors as it navigates these challenges.
BEL Share Price Today
Bharat Electronics Ltd (BEL) ended the trading session at Rs 300.70 on the BSE, up 0.35% from its previous close of Rs 299.65. The stock witnessed intraday volatility, opening at Rs 297, hitting a high of Rs 302, and dipping to a low of Rs 296.75 during the day.
BEL Share Price Target 2025
Antique Stock Broking Limited recently issued a ‘BUY’ recommendation for Bharat Electronics (BEL), setting a target price of Rs 376, reflecting their positive outlook on the company’s growth potential, as per the latest analysis from the NSE.
FAQs on Bharat Electronics Limited
Based on our in-depth analysis, BEL share price may experience fluctuations, with an estimated low of ₹346.52 and a potential high of ₹372.50 by 2030.
Yes, Bharat Electronics (BEL) is widely regarded as a solid long-term investment due to its strong backing from the government, expanding defense contracts, and healthy order pipeline. Experts suggest holding BEL shares long-term, with projected targets between ₹315 and ₹362.
According to DCF valuation analysis and expert insights, Bharat Electronics Limited (BEL) seems to be trading at a premium, estimated to be around 65% above its intrinsic value.