Bharat Electronics Ltd. News and Updates

Name: Latest research reports of Bharat Electronics Ltd. authored by Angel Broking and published by - Trendlyne research reports.
Item: Bharat Electronics Ltd.
Rating: 5
Author: Angel Broking

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Bharat Electronics Ltd.

27 Jan 2016

406.15

-0.68%

BEL posts 8% increase in Q3 net at Rs 296 cr

Business Standard

However, net sales in third quarter stood at Rs 1,500 crore, down 5.1%

Number of FII/FPI investors increased from 1589 to 1755 in Jun 2025 qtr.

Bharat Electronics Q3 profit up 9.45% to Rs 297.5 cr

Business Standard | 28 Jan 2016

Bharat Electronics Ltd.

01 Jan 2016

406.15

-0.68%

BEL: Better days ahead

Business Standard

An impressive order book (Rs 21,648 cr as on October 1), which translates to 3.1 times book-to-bill ratio is a key positive for BEL

Bharat Electronics Ltd. has gained 51.63% in the last 6 Months

Bharat Electronics Ltd.

17 Dec 2015

406.15

-0.68%

Bharat Electronics Ltd- Research Report

Buy: Bharat Electronics Ltd.

Angel Broking

Bharat Electronics (BEL) is a PSU and a leader in the domestic defense electronics space, with major proportion of its revenue coming in from the Indian Navy and Army. Defense spending at an inflexion point: After years of lull, government announced 15.4% yoy increase in Defense Capital Budget to Rs94,588cr. In our view, we are at an inflexion point where Indian Defense capex cycle, led by government spending is entering new era of growth. Our view strengthens on account of following developments, (1) Defense sector getting high priority in governments Make in India campaign, with increased emphasis on the indigenization aspect, (2) increase in FDI limits in defense from 26% to 49%, and (3) $47bn worth of projects cleared by Defense Acquisition Council (DAC) in last 19 months, indicating faster clearances in place. Also high expectations are being built from soon to be released Defense Procurement Procedures (DPP). Current bid pipeline, which could lead to strong award activity for next few years, along with abovementioned factors indicate that good times are ahead for Defense sector. BEL to emerge as key beneficiary: At the backdrop of higher allocation made towards defense capex with ~$47bn worth of projects cleared by DAC, we...

Bharat Electronics L.. has an average target of 398.44 from 9 brokers.

Bharat Electronics Ltd.

09 Dec 2015

406.15

-0.68%

New directors for BEL

Business Line

Bharat Electronics Ltd (BEL) has informed exchanges that the Centre has appointed Bhaskar Ramamurthi and RK Shevgaonkar as part-time non-official directors on the board with effect from December 2...

Bharat Electronics Ltd. has gained 38.29% in the last 3 Months

Bharat Electronics Ltd.

23 Nov 2015

406.15

-0.68%

Bharat Electronics Ltd. (BEL) - 23 November 2015

Accumulate: Bharat Electronics Ltd.

Way2Wealth

book of `216bn as on 1 April 2015 (3.2x FY15 sales) provides robust sales visibility for the next three years. We expect BEL's order intake to show significant improvement and likely to increase to...

Bharat Electronics Ltd. is trading below its 30 day SMA of 408.9

Bharat Electronics Ltd.

09 Nov 2015

406.15

-0.68%

Bharat Electronics delivers L70 upgraded guns to Indian Army

Business Line

Bharat Electronics Ltd (BEL) has delivered the first two of L70 upgraded guns, designed, developed and manufactured by it.
Two upgraded guns were rolled out well ahead of the stiputlated...

Bharat Electronics Ltd. is trading above its 200 day SMA of 312.3

Bharat Electronics Ltd.

04 Nov 2015

406.15

-0.68%

Bharat Electronics appoints 2 new GMs

Business Line

Bharat Electronics Ltd has appointed two new General Managers (GMs) A. Ravisankaran, GM (Central D&E)/BEL-Bengaluru, and Manoj Kumar, GM (BEL-Kotdwara).

A Ravi Sanka...