As of today, 13th March 2025, Bharat Electronics Ltd experienced a surge since the opening bell. This surge in trade follows the announcement of a deal BEL signed with Ashwani Radars, which BEL received from the Indian Air Force.
In an exchange filing, BEL said, “Navratna Defence Public Sector Undertaking, Bharat Electronics Limited, has signed a contract with the Ministry of Defence valued at Rs.2,463 Crore (excluding taxes).”
Bharat Electronics opened its shares to the market at Rs. 283.00 and are currently up by 2.2% compared to the previous session’s close, 276.83.
BEL Share Price in Today’s Market
At 10:45 a.m., BEL sold their shares for 284.21 a piece, nearly 0.4% higher than the opening rate. And 2.6% higher than its previous close. According to the reports and estimates on Money Control, the current market capitalisation shows 207,605 cores; the UC Limit is 304.51, and the LC Limit is 249.4.
Company Financials
Bharat Electronics is a leading electronics company under The Ministry Of Defence. The company released its third-quarter financials on 2nd February. As per the reports. The company’s Profit After Tax recorded Rs. 1,316.06 crore, indicating a 47.3% increase compared to Rs. 893.30 crore in the previous year’s third quarter.
The revenue from operations stood at Rs. 5,770.69 crores, reflecting a 38.6% growth from Rs. 4,162.16 crores in the last Q3.
Recent News About BEL
- As of January 2025, BEL’s Akashteer system was integrated with the Indian Air Force’s Integrated Air Command and Control System (IACCS)
- On 5th March 2025, BEL delivered the 49th Swathi WLR (Plains) unit to the Indian Army.
- In February 2025, BEL showcased its latest defence technologies and products at the Aero India 2025 exhibition. The display included advanced radar systems, communication equipment, and more.
BEL Share Price Target
According to Trendlyne’s analysts, Bharat Electronics Ltd. has an average target of 330.12. The consensus estimates an upside of 15.83% from the last price of 285
Should You Buy, Sell, Or Hold?
Analysts on Trendlyne and Money Control strongly recommend buying the shares. On Money Control, only 4% of market experts suggest buying, and 4% suggest selling. Before investing in Bharat Electronics, consider its long-term performance and consult your analyst to make the perfect move.
