The BEL Share Price is in the news as the company is going to publish its Q4 results. Also, the shares have surged 0.85% today after the market opened. What is the target price and the suggestion on Buy or Sell? Let’s find out recent news and recommendations.
BEL Share Price in the Market Today
As of today, 19th May, BEL Share Price is at Rs 367.00, which is 0.85 up from the opening. The stock closed at Rs 363.90 on Friday. The current UC limit is at Rs 400.2,5 and the LC limit is at Rs 327.55. The total market capitalization of the company stands at around Rs 2,68,122 crores.
Company Financials
The company is gearing up to publish its Q4 financial reports. Last year, the company reported a 30% year-on-year jump in net profit of Rs 1,797 crores. Even revenue climbed by 32% to Rs 8,564 crores. Investors and individuals are eagerly waiting for these years’ results to come out.
Recent News about BEL
- BEL has recently secured a new defence contract worth Rs 572 crores. This contract includes Drone Detections and Interdiction Systems, Software-defined radio, and AI-based Naval Solutions.
- The order book is at Rs 76,000 crores as on 1st April 2025, which suggests a 25.2% surge in orders compared to last year.
BEL Share Price Target
BEL Share has been showing strong performance in the market. According to ICICI Securities stock price can touch Rs 350 by the end of 2025. Motilal Oswal suggests Rs 360, and Consensus suggests Rs 338.39.
Recommendation on Buy or Sell
According to the moneycontrol website, 67% of the analysts suggest a Buy for BEL Shares. The rest 4% suggest Hold and 4% suggest Sell. On the other hand, Consensus analysts suggest a Buy for BEL Shares.
Disclaimer: All the information shared in this article is for informational purposes only. Any recommendations mentioned are made by individual analysts or experts. India Hood does not recommend Buy or Sell, nor will she be responsible. Investors are strongly advised to consult with certified experts before making any investment decisions.
