Rs 71,650 Crore Order Book: Multibagger Defence Stock Jumps 4.7 Per Cent with 3 Times Spurt in Volume
The stock gave multibagger returns of 305 per cent in 3 years and a whopping 1,200 per cent in 5 years.
On Tuesday, shares of Bharat Electronics Limited (BEL) gained 4.7 per cent to Rs 319.40 per share from its previous closing of Rs 305.20 per share. The stock’s 52-week high is Rs 340.35 and its 52-week low is Rs 221. The company's shares saw a spurt in volume by more than 3 times on the BSE. The stock is trading above the 50-DMA & 200-DMA.
Navratna Defence PSU Bharat Electronics Limited (BEL), established in 1954, is a prominent Indian government-owned company under the Ministry of Defence. They specialise in manufacturing cutting-edge electronic products and systems for the Indian armed forces, encompassing areas like radars, missile systems, communication technologies, electronic warfare systems, avionics for aircraft, naval systems, and even tank electronics. While their primary focus is defence, BEL also has a limited presence in the civilian market, offering solutions in cybersecurity, e-mobility, railways, e-governance and more.
Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a turnover of around Rs 23,000 crore (Provisional & Unaudited), during the Financial Year 2024-25, against the previous year's turnover of Rs 19,820 crore, registering a growth of 16 per cent. This includes Export sales of around USD 106 million during FY 2024-25, as against the previous year's export turnover of USD 92.98 million, registering a growth of 14 per cent.
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In the fiscal year 2024-25, BEL secured orders worth Rs 18,715 crore. Some of the major orders received during the year are BMP II Upgrade, Ashwini Radar, Software Defined Radios, Data link, Multi-Function Radars, EON 51, Seekers, Anti drone system, Airport Surveillance Radar, Sonar Upgradation, Flycatcher spares, Radar upgradation, Spares and Services etc and other projects in the non-defence sector. With this, the total order book of BEL as on April 01, 2025, stands at around Rs 71,650 crore, including the export order book of USD 359 million.
The company has a market cap of over Rs 2.3 lakh crore and has been maintaining a healthy dividend payout of 44 per cent. The company’s order book stands at Rs 71,650 crore as of April 01, 2025. The company's shares have an ROE of 26 per cent and an ROCE of 35 per cent. The stock gave multibagger returns of 305 per cent in 3 years and a whopping 1,200 per cent in 5 years. The stock, which traded at a mere Rs 0.25 in 1999, has experienced exponential growth, delivering a mind-boggling 1,27,660 per cent return to its investors.
Disclaimer: The article is for informational purposes only and not investment advice.
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