positive
Bharat Electronics Ltd order book tops ₹1 lakh crore as defence sector momentum builds
Shares of Bharat Electronics Ltd (BEL) surged after the company’s order backlog crossed the ₹1 lakh crore mark, supported by the Defence Acquisition Council’s recent clearance of capital-acquisition proposals worth about ₹79,000 crore for the armed forces. Domestic brokerage houses flagged BEL’s increasing role in India’s defence-manufacturing push and ship-yard/ship-borne radar orders. Analysts believe the elevated order book offers multi-year earnings visibility, though they caution about execution risk, supply-chain inflation and defence-budget volatility.
Companies:
- Bharat Electronics Ltd
Tags:
- stocks
- india
positive
Bharat Electronics Ltd order book tops ₹1 lakh crore as defence sector momentum builds
Shares of Bharat Electronics Ltd (BEL) surged after the company’s order backlog crossed the ₹1 lakh crore mark, supported by the Defence Acquisition Council’s recent clearance of capital-acquisition proposals worth about ₹79,000 crore for the armed forces. Domestic brokerage houses flagged BEL’s increasing role in India’s defence-manufacturing push and ship-yard/ship-borne radar orders. Analysts believe the elevated order book offers multi-year earnings visibility, though they caution about execution risk, supply-chain inflation and defence-budget volatility.
Companies:
- Bharat Electronics Ltd
Tags:
- stocks
- india
1 min read
73 words
BEL’s order book exceeds ₹1 lakh crore amid India’s defence-spending push, offering long-term visibility though execution risks remain.
Shares of Bharat Electronics Ltd (BEL) surged after the company’s order backlog crossed the ₹1 lakh crore mark, supported by the Defence Acquisition Council’s recent clearance of capital-acquisition proposals worth about ₹79,000 crore for the armed forces. Domestic brokerage houses flagged BEL’s increasing role in India’s defence-manufacturing push and ship-yard/ship-borne radar orders. Analysts believe the elevated order book offers multi-year earnings visibility, though they caution about execution risk, supply-chain inflation and defence-budget volatility.
Shares of Bharat Electronics Ltd (BEL) surged after the company’s order backlog crossed the ₹1 lakh crore mark, supported by the Defence Acquisition Council’s recent clearance of capital-acquisition proposals worth about ₹79,000 crore for the armed forces. Domestic brokerage houses flagged BEL’s increasing role in India’s defence-manufacturing push and ship-yard/ship-borne radar orders. Analysts believe the elevated order book offers multi-year earnings visibility, though they caution about execution risk, supply-chain inflation and defence-budget volatility.
Companies:
- Bharat Electronics Ltd
Tags:
- stocks
- india
- stocks
- india
- defence
- manufacturing
- BEL