Bharat electronics Given breakout

423
BEL 314 has given breakout . Support at 290. Target 380.

Valuation
  • Good Dividend payout across aerospace sector
  • FII's have increased stake hold.
  • In April 2025, has got 2 orders.
  • India's Bharat Electronics gains on 22-bln rupee order win from Airforce
  • BEL - GETS ORDER WORTH 5.93 BILLION RUPEES
  • P/E is at 46 while sector P/E is at 60
  • 10 Years ROE is 20%

Note
BEL @ 335 on 13/5/2025
Note
BEL @ 350 on 15/5/2025

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.