BEL

Bharat Electronics Share Price

₹280.95 -0.6 (-0.21%)

15 Nov, 2024 03:37

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Performance

  • Low
  • ₹276
  • High
  • ₹284
  • 52 Week Low
  • ₹137
  • 52 Week High
  • ₹341
  • Open Price₹282
  • Previous Close₹282
  • Volume20,541,591

Investment Returns

  • Over 1 Month -1.73%
  • Over 3 Month -5.13%
  • Over 6 Month + 25.01%
  • Over 1 Year + 95.92%
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Bharat Electronics Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 45.2
  • PEG Ratio
  • 1.2
  • Market Cap Cr
  • 205,368
  • P/B Ratio
  • 12.6
  • Average True Range
  • 9.53
  • EPS
  • 6.21
  • Dividend Yield
  • 0.8
  • MACD Signal
  • 1.55
  • RSI
  • 45.38
  • MFI
  • 54.71

Bharat Electronics Financials

Bharat Electronics Technicals

EMA & SMA

Current Price
₹280.95
-0.6 (-0.21%)
pointer
  • stock-down_img
  • Bullish Moving Average 2
  • stock-up_img
  • Bearish Moving Average 14
  • 20 Day
  • ₹287.06
  • 50 Day
  • ₹287.30
  • 100 Day
  • ₹283.75
  • 200 Day
  • ₹260.62

Resistance and Support

280.3 Pivot Speed
  • R3 294.05
  • R2 289.25
  • R1 285.10
  • S1 276.15
  • S2 271.35
  • S3 267.20

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Bharat Electronics Limited (BEL) supplies advanced electronic systems for India's defense forces, including radars, missile systems, and communication systems. With multiple facilities, BEL focuses on indigenization, exports, and expanding into civilian sectors like aviation, cybersecurity, and smart cities.

Bharat Electronics has an operating revenue of Rs. 21,574.71 Cr. on a trailing 12-month basis. An annual revenue growth of 16% is outstanding, Pre-tax margin of 26% is great, ROE of 24% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its 50DMA and around 11% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 17% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 89 which is a GOOD score indicating consistency in earnings, a RS Rating of 76 which is FAIR indicating the recent price performance, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 126 indicates it belongs to a poor industry group of Aerospace/Defense and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Bharat Electronics Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-10-25 Quarterly Results
2024-07-29 Quarterly Results
2024-05-20 Audited Results & Final Dividend
2024-03-15 Interim Dividend
2024-01-29 Quarterly Results & Interim Dividend
Date Purpose Remarks
2024-03-23 INTERIM Rs.0.70 per share(70%)Second Interim Dividend
2024-02-10 INTERIM Rs.0.70 per share(70%)Interim Dividend
2023-03-25 INTERIM Rs.0.60 per share(60%)Second Interim Dividend
2023-02-10 INTERIM Rs.0.60 per share(60%)Interim Dividend
2022-03-26 INTERIM Rs.1.50 per share (150%) Second Interim Dividend
Date Purpose Remarks
2022-09-16 Bonus Re.0.00 issue in the ratio of 2:1 of Re. 1/-.

Bharat Electronics F&O

Bharat Electronics Shareholding Pattern

51.14%
15.81%
2.74%
17.27%
0.11%
10.29%
2.64%

About Bharat Electronics

Bharat Electronics Limited (BEL) is a prestigious Navratna Public Sector Undertaking (PSU) under the Ministry of Defence, Government of India. Since its inception in 1954, BEL has contributed to India's self-reliance in developing indigenous industries. The company's growth and success are attributed to the visionary leadership of its pioneers, the dedication of its employees, the trust of its customers, and the support from the Indian government.

Over the past six decades, BEL has evolved from manufacturing essential communication equipment in collaboration with CSF, France (now Thales), to becoming a leader in various cutting-edge technologies. The company produces a wide range of state-of-the-art electronic products and systems, catering to the needs of the Army, Navy, and Air Force. Its product portfolio includes Radars, Defence Communication, Naval Systems, Weapon Systems, C4I Systems, Homeland Security, Electronic Warfare, Telecom & Broadcast Systems, Tank Electronics, Professional Electronic Components, Solar Photovoltaic Systems, Electro-Optics, and more. BEL also offers turnkey system solutions.

With its headquarters in Bangalore, BEL has expanded its presence across the country by establishing additional units in Ghaziabad, Chennai, Machilipatnam, Pune, Panchkula, Navi Mumbai, Kotdwara, and Hyderabad. Each unit focuses on specific product lines and customer segments. Additionally, BEL has a vast network of offices and service centres throughout India and overseas offices in New York and Singapore.

Though initially founded to meet the specialized electronic equipment requirements of the Indian Defence Services, BEL has also made significant strides in the civilian market. It offers products like Tablet PCs, Electronic Voting Machines, solar-powered traffic signal systems, and Access Control Systems. The company also exports some of its products and services to various countries, enhancing India's global presence in defence electronics.

BEL's commitment to the government's 'Make in India' initiative aligns perfectly with its mission to contribute to the nation's growth and self-reliance. As a leading defence electronics manufacturer and a key player in the civilian market, BEL continues to play a vital role in the development and progress of India's technological landscape.

The History of Bharat Electronics

On April 1, 1954, Bharat Electronics Limited was founded by the Indian government's Ministry of Defence. It was established as a PSU to meet the Indian Armed Forces' expanding need for defence electronics. BEL opened its first facility in Bengaluru, Karnataka, to produce the first batch of domestic communication equipment.

For the Indian Armed Forces, BEL went into designing and developing a range of electronic devices, including radars, communication systems, and countermeasures. Electronic voting machines (EVMs) for the Election Commission of India and airport X-ray baggage inspection systems are now part of BEL's expanding product line.

BEL made substantial technological and indigenization advancements, becoming a significant force in India's defence electronics market. The business expanded into industries including optoelectronic devices, naval systems, and electronic warfare systems.

BEL updated its production facilities and concentrated on R&D to keep up with the fast-changing world of defence technology. BEL kept growing its product line by incorporating cutting-edge electronic systems and technologies to cater to the demanding requirements of the armed services.

Bharat Electronics- Some Important Facts

● Bharat Electronics Limited was founded in 1954 by the Indian government's Ministry of Defence. It was established in Bangalore, Karnataka (now Bengaluru).
● BEL's main business is designing, developing, producing, and delivering cutting-edge electronic systems and products for civilian and defence purposes in India.
● The company's product offerings include radar, sonars, communication devices, electronic warfare systems, naval systems, surveillance systems, and other cutting-edge defence electronics.
● In addition to servicing the Indian Armed Forces, BEL has established itself as a dependable supplier to many international nations, shipping its goods to more than 30 nations worldwide.

Bharat Electronics- Awards Received 

● The Government of India has granted Bharat Electronics Limited (BEL) the prestigious "Navratna" status.

● BEL received the esteemed Raksha Mantri Awards for "Excellence 2011-12" in various categories, including Best Performance in Exports, Indigenization, Innovation, and Design Efforts.

● Recognizing its exceptional human resource management practices, BEL was honoured with the SCOPE Meritorious Award for Excellence in 2012-13.

● BEL's noteworthy contributions to technology development and innovation in defence applications were recognized with the Society of Defence Technologists (SODET) Awards for 2011-12 and 2012-13.

● For its outstanding achievements in implementing Six Sigma projects, BEL was awarded 12 Gold Medals in the competition conducted by the Quality Circle Forum of India (QCFI).

● BEL's excellence in export operations in the "Electronics and Communication - Medium and Large Enterprise" category earned the company the prestigious "Karnataka State Export Excellence" Award for 2011-12 and 2012-13.

Today, Bharat Electronics Limited is India's premier defence electronics company, providing various products and solutions for defence and civilian applications. It plays a crucial role in enhancing the country's self-reliance in defence technology.

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  • NSE Symbol
  • BEL
  • BSE Symbol
  • 500049
  • Chairman & Managing Director
  • Mr. Manoj Jain
  • ISIN
  • INE263A01024

Similar Stocks to Bharat Electronics

Bharat Electronics FAQs

Bharat Electronics share price is ₹280 As on 15 November, 2024 | 03:23

The Market Cap of Bharat Electronics is ₹205368.2 Cr As on 15 November, 2024 | 03:23

The P/E ratio of Bharat Electronics is 45.2 As on 15 November, 2024 | 03:23

The PB ratio of Bharat Electronics is 12.6 As on 15 November, 2024 | 03:23

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Q2FY23