|
19 Sep 2025 |
Bharat Electronics
|
Consensus Share Price Target
|
408.90 |
430.29 |
- |
5.23 |
buy
|
|
|
|
|
21 Oct 2022
|
Bharat Electronics
|
Edelweiss
|
408.90
|
114.00
|
103.55
(294.88%)
|
Target met |
Buy
|
|
|
Established by GoI under the Ministry of Defence in 1954 to meet the specialised electronic needs of the Indian defence services, BEL has grown into a multi-product & multi-technology company.
|
|
15 Sep 2022
|
Bharat Electronics
|
ICICI Direct
|
408.90
|
135.00
|
108.45
(277.04%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
02 Sep 2022
|
Bharat Electronics
|
Edelweiss
|
408.90
|
360.00
|
324.55
(25.99%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Established by GoI to meet the specialised electronic needs of the Indian defence services, Bharat Electronics (BEL) has grown into a multi-product, multi-technology & multi-unit company.
|
|
21 Jul 2022
|
Bharat Electronics
|
Prabhudas Lilladhar
|
408.90
|
295.00
|
266.80
(53.26%)
|
Target met |
Buy
|
|
|
|
|
21 Jul 2022
|
Bharat Electronics
|
ICICI Direct
|
408.90
|
315.00
|
268.70
(52.18%)
|
Target met |
Buy
|
|
|
|
|
18 Jul 2022
|
Bharat Electronics
|
ICICI Direct
|
408.90
|
290.00
|
254.45
(60.70%)
|
Target met |
Buy
|
|
|
|
|
01 Jun 2022
|
Bharat Electronics
|
ICICI Direct
|
408.90
|
290.00
|
246.10
(66.15%)
|
Target met |
Buy
|
|
|
|
|
30 May 2022
|
Bharat Electronics
|
Sharekhan
|
408.90
|
268.00
|
242.25
(68.79%)
|
Target met |
Buy
|
|
|
|
|
24 May 2022
|
Bharat Electronics
|
Prabhudas Lilladhar
|
408.90
|
265.00
|
226.00
(80.93%)
|
Target met |
Buy
|
|
|
|
|
01 Feb 2022
|
Bharat Electronics
|
Prabhudas Lilladhar
|
408.90
|
265.00
|
207.95
(96.63%)
|
Target met |
Buy
|
|
|
Order pipeline stands at Rs30-40bn for Q4FY22. Bharat Electronics (BEL) reported strong quarterly performance with revenue growth of 61% YoY. Despite lower gross margin, EBITDA margins expanded 308bps YoY to 22.3% in Q3FY22 mainly due to improved operational efficiency, withdrawal of ventilator warranty provision and reversal of bad debt provision (on account of focus on collections). In Q3 BEL bagged major orders like 1) Avionics package for Tejas aircraft (Rs18.7bn) 2) Weapon...
|