BEL Secures Rs.2,210 Crore Order for Electronic Warfare Suite from Indian Air Force: A Game-Changer for Future Growth
In a massive move to strengthen its capabilities, Bharat Electronics Limited (BEL) has received a huge order of Rs.2,210 crore from the Indian Air Force for the supply, of an advanced Electronic Warfare (EW) suite. The significance of this deal demonstrates BEL’s crucial role in the modernization of India’s defense and illustrates BEL’s leadership position in the defense technology industry. Electronic Warfare is particularly important in battles and is not expected to decrease in importance. As a large contract, this is expected to bolster BEL’s revenue growth as it embarks on a portfolio of defense technologies. This blog will assess how this landmark order can influence BEL’s financial outlook, stock price, and position in the markets as it gets closer to 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 registered total order book at Rs.18,415 crore in the current fiscal year, demonstrating robust demand and sustained momentum of growth in India’s defense and electronics sector.
- Bharat Electronics Limited (BEL), saw marginally increased share price at the start of trading on April 3, 2023, after announcing a Rs 593.22 crore contract with the Indian Air Force for long-term maintenance of the Akash Missile System. BEL shares traded at Rs 283.10 on the BSE with a small gain of 0.25%. In addition to this contract, BEL has finalized negotiations to obtain fresh orders of approximately Rs 5,000 crore, indicating that BEL continues to have a healthy equipment pipeline and considerable growth potential within the defense industry.
BEL Order Book FY25
Shares of Bharat Electronics Ltd (BEL) fell sharply by more than 5% on April 2 after the defense PSU announced it had not met its order inflow target for FY25. BEL achieved a turnover of around Rs 23,000 crore for FY24-25—16% YoY growth—but did not achieve the expected Rs 25,000 crore turnover, raising concerns for investors. On April 2 at 10:10 AM, BEL shares were trading at Rs 276.6, or 5.3% below the previous day’s level. BEL also revealed impressive surges in export sales of around $106 million—a 14% increase from the previous fiscal year. BEL’s share price and organizational capacity will be of particular interest to investors now that the company revealed its disappointments with turnover expectations. BEL has a market capitalization of Rs 2.02 lakh crore.
BEL Share Price Today
Bharat Electronics Ltd (BEL) finished at Rs 300.70 on the BSE, an increase of 0.35% from the previous close of Rs 299.65 due to attempted profit booking sales from the upper circuits. Shares in BEL have had a high intraday volatility, it opened at Rs 297, went to a high of Rs 302, and a low of Rs 296.75, the highs and lows made in the same 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.