Bharat Electronics Ltd (BEL) is a leading public sector company in India, specializing in the design, development, and manufacturing of advanced electronic equipment for the defense sector. Established in 1954, BEL provides a wide range of products, including radars, communication systems, electronic warfare equipment, and missile systems. It also serves non-defense sectors like homeland security and civil aviation. BEL Share Price on NSE as of 18 October 2024 is 287.00Â INR. Here will provide you more details on BEL Share Price Target 2024, 2025, 2026 to 2030.
Bharat Electronics Ltd: Market Overview
- Open Price: ₹282.90
- High Price: ₹287.80
- Low Price: ₹277.80
- Previous Close: ₹284.55
- Volume: 10,095,514
- Value (Lacs): ₹28,989.27
- VWAP: ₹284.34
- UC Limit: ₹313.00
- LC Limit: ₹256.10
- P/E ratio: 49.54
- Div yield: 0.77%
- 52-wk high: ₹340.50
- 52-wk low: ₹127.00
- Mkt cap: ₹2.10LCr
- Face Value: ₹1
Bharat Electronics Ltd Competitors
Here are three competitors of Bharat Electronics Ltd (BEL) with their approximate market capitalizations:
- Hindustan Aeronautics Ltd (HAL)
- Market Capital: ₹1,20,000 crore
HAL is a major player in the defense and aerospace industry, competing with BEL in defense electronics and systems.
- Market Capital: ₹1,20,000 crore
- Bharat Heavy Electricals Ltd (BHEL)
- Market Capital: ₹31,000 crore
BHEL operates in heavy electrical equipment and also serves the defense sector, making it a competitor in some of BEL’s markets.
- Market Capital: ₹31,000 crore
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Cochin Shipyard Ltd
- Market Capital: ₹10,000 crore
Cochin Shipyard specializes in shipbuilding and defense-related manufacturing, competing with BEL in defense contracts and ship systems.
- Market Capital: ₹10,000 crore
BEL Share Price Chart
BEL Share Price Target Tomorrow 2024 to 2030
BEL Share Price Target Years | SHARE PRICE TARGETÂ |
2024 | ₹335 |
2025 | ₹398 |
2026 | ₹467 |
2027 | ₹523 |
2028 | ₹595 |
2029 | ₹712 |
2030 | ₹805 |
BEL Share Price Target 2024
BEL share price target 2024 Expected target could be ₹335. Here are 3 key factors that could affect the growth of Bharat Electronics Ltd (BEL) Share Price Target in 2024:
- Defense Contracts and Government Policies: BEL’s growth is closely tied to defense projects awarded by the Indian government. Any increase in defense spending or new contracts could positively impact its revenue and share price.
- Technological Innovation and Expansion: BEL’s ability to innovate and develop advanced technologies, including electronic warfare systems and radar technologies, will enhance its competitive position, driving growth.
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Global Expansion and Export Orders: BEL’s focus on expanding its global footprint and securing export orders from friendly nations will boost its revenue streams, influencing its share price upward in 2024.
BEL Share Price Target 2025
BEL share price target 2025 Expected target could be ₹398. Here are 3 potential risks and challenges that could affect Bharat Electronics Ltd (BEL) Share Price Target in 2025:
- Dependence on Government Contracts: A large portion of BEL’s revenue comes from government defense contracts. Any delays, budget cuts, or shifts in government defense policies could negatively impact its financial performance and share price.
- Technological Competition: The global defense and electronics market is highly competitive. Rapid advancements in technology by competitors could pressure BEL to keep up with innovation, affecting its market share and profitability.
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Global Economic Uncertainty: BEL is expanding its international business, but global economic challenges, including geopolitical tensions or changes in international trade policies, could limit export opportunities and pose risks to its share price growth.
BEL Share Price Target 2030
BEL share price target 2030 Expected target could be ₹805. Here are 3 potential risks and challenges that could affect Bharat Electronics Ltd (BEL) Share Price Target in 2030:
- Technological Disruption: As technology in defense and electronics rapidly evolves, there is a risk that newer, more innovative technologies from global competitors could surpass BEL’s offerings, impacting its competitiveness and market share over the long term.
- Dependency on Government Defense Spending: BEL’s heavy reliance on government defense contracts makes it vulnerable to policy changes. Any significant reduction in defense budgets or shifts in spending priorities by the Indian government could affect its revenue and long-term growth.
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Geopolitical and Trade Risks: With BEL aiming to expand its global presence, it could face risks from international trade restrictions, sanctions, or geopolitical tensions. These challenges might limit its ability to secure international contracts and affect its growth potential by 2030.
Bharat Electronics Ltd Shareholding Pattern
- Promoters:Â 51.14%
- Foreign Institutions:Â 17.43%
- Retail And Others:Â 10.82%
- Other Domestic Institutions: 20.61%
Bharat Electronics Ltd Financial
(INR) | 2024 | Y/Y change |
Revenue | 202.68B | 14.29% |
Operating expense | 47.01B | 21.50% |
Net income | 39.85B | 33.51% |
Net profit margin | 19.66 | 16.82% |
Earnings per share | 5.50 | 34.47% |
EBITDA | 51.14B | 25.10% |
Effective tax rate | 24.92% | — |
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