Bharat electronics Given breakout

355
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%

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