Bharat electronics Given breakout

30 Nis

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%
  

13 May

Not

BEL @ 335 on 13/5/2025

15 May

Not

BEL @ 350 on 15/5/2025