As of March 13, 2025, Bharat Electronics Ltd (BEL) has seen an impressive rise in its share prices following a major deal with the Indian Air Force. BEL, a prominent player in India’s defense sector, announced a contract worth ₹2,463 crore with the Ministry of Defence. This news has excited investors, driving up share prices since the market opened today.
BEL shares opened at ₹283 and have climbed to ₹284.21, showing a 2.2% increase from the previous close of ₹276.83. Current estimates indicate that BEL’s market capitalization is around ₹207,605 crore.
In the third quarter report released on February 2, BEL revealed strong financial results. The company achieved a profit after tax of ₹1,316.06 crore, marking a substantial 47.3% year-over-year increase from ₹893.30 crore. Revenue from operations also jumped by 38.6%, reaching ₹5,770.69 crore compared to ₹4,162.16 crore in the same period last year.
Recent developments for BEL include the integration of their Akashteer system with the Indian Air Force’s Integrated Air Command and Control System as of January 2025 and the delivery of the 49th Swathi WLR (Plains) unit to the Indian Army on March 5.
Looking ahead, analysts project an average share price target of ₹330.12 for BEL, suggesting a potential upside of about 15.83%. Most analysts, according to platforms like Trendlyne and Money Control, recommend buying BEL shares, indicating confidence in the company’s future growth.
In this dynamic environment, it’s essential to weigh the long-term perspective before making investment decisions. Investors should consider their goals and consult financial experts to refine their strategies.
For more information on the financial health and projections of companies like Bharat Electronics, you can refer to resources such as Money Control or Trendlyne.
Check out this related article: Unlocking India’s Space Economy: Discover How the Bharat Space Conclave 2025 Aims for a $44 Billion Breakthrough
Source linkBEL, BEL and Ashwini Radars Deal, BEL Share Price, BEL Share Price Target, BEL Share Price Today, BEL Share Target Price, BEL Shares, BELS Share Recommendation, Bharat Electronics Limited Share, Indian Stock Market
