Bharat Electronics Limited (BEL), a cornerstone in India’s defense electronics sector, is a public sector undertaking listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) since July 19, 2000.Overall, main purpose of this article is to provide you an information about BEL Share Price Target 2024, 2025, 2028 to 2030.
As of April 23, 2024, BEL’s market price stands at ₹234.35, showcasing a robust performance in recent years. Over the past five years, BEL has witnessed an impressive 687.46% growth and a notable 128.02% return in the last year alone, reflecting investor confidence and market resilience.
BEL’s stock journey, from ₹28.90 to its current valuation, portrays a story of steady ascent, punctuated by highs and lows. Notably, its 52-week high and low are ₹238 and ₹100.40, respectively, highlighting both its upward trajectory and market stability.
Looking forward, BEL’s trajectory remains guided by its past performance and strategic vision, positioning it as a key player in India’s defense electronics landscape.
Bharat Electronics Limited Overview
Established in 1954, Bharat Electronics Limited (BEL) is a key player in India’s defense electronics sector, owned by the Ministry of Defence. Based in Bangalore, it designs, develops, and manufactures a range of defense systems, aiming to reduce India’s dependence on foreign equipment. With a 51% government stake, BEL received Mini Ratna status in 2002 and Navratna status in 2007. It operates nine production units across India and is led by Chairman & Managing Director Mr. Bhanu Prakash Srivastava. BEL Optronic Devices Ltd. is its subsidiary.
BEL Share Price Target 2024
| Month | Target Price |
| April 2024 | ₹239.90 |
| May 2024 | ₹246.25 |
| June 2024 | ₹241.20 |
| July 2024 | ₹256.45 |
| August 2024 | ₹261.30 |
| September 2024 | ₹273.50 |
| October 2024 | ₹280.00 |
| November 2024 | ₹274.90 |
| December 2024 | ₹282.35 |
BEL Share Price Target 2025
| Month | Target Price |
| January 2025 | ₹286.00 |
| February 2025 | ₹294.30 |
| March 2025 | ₹288.35 |
| April 2025 | ₹295.50 |
| May 2025 | ₹298.10 |
| June 2025 | ₹302.05 |
| July 2025 | ₹309.70 |
| August 2025 | ₹314.30 |
| September 2025 | ₹322.55 |
| October 2025 | ₹325.15 |
| November 2025 | ₹331.25 |
| December 2025 | ₹335.20 |
BEL Share Price Target 2026
| Month | Target Price |
| January 2026 | ₹339.30 |
| February 2026 | ₹343.10 |
| March 2026 | ₹348.25 |
| April 2026 | ₹353.50 |
| May 2026 | ₹350.00 |
| June 2026 | ₹358.45 |
| July 2026 | ₹364.25 |
| August 2026 | ₹362.85 |
| September 2026 | ₹367.40 |
| October 2026 | ₹370.55 |
| November 2026 | ₹374.20 |
| December 2026 | ₹378.35 |
BEL Share Price Target 2027
| Month | Target Price |
| January 2027 | ₹378.10 |
| February 2027 | ₹382.60 |
| March 2027 | ₹387.30 |
| April 2027 | ₹391.05 |
| May 2027 | ₹395.70 |
| June 2027 | ₹398.00 |
| July 2027 | ₹407.05 |
| August 2027 | ₹412.20 |
| September 2027 | ₹418.65 |
| October 2027 | ₹422.30 |
| November 2027 | ₹428.45 |
| December 2027 | ₹434.55 |
BEL Share Price Target 2028
| Month | Target Price |
| January 2028 | ₹437.25 |
| February 2028 | ₹444.70 |
| March 2028 | ₹450.15 |
| April 2028 | ₹458.30 |
| May 2028 | ₹452.50 |
| June 2028 | ₹465.10 |
| July 2028 | ₹469.25 |
| August 2028 | ₹472.40 |
| September 2028 | ₹475.60 |
| October 2028 | ₹477.30 |
| November 2028 | ₹484.85 |
| December 2028 | ₹487.00 |
BEL Share Price Target 2029
| Month | Target Price |
| January 2029 | ₹491.25 |
| February 2029 | ₹495.70 |
| March 2029 | ₹499.30 |
| April 2029 | ₹506.00 |
| May 2029 | ₹512.45 |
| June 2029 | ₹516.65 |
| July 2029 | ₹520.75 |
| August 2029 | ₹525.00 |
| September 2029 | ₹529.05 |
| October 2029 | ₹532.15 |
| November 2029 | ₹536.60 |
| December 2029 | ₹542.10 |
BEL Share Price Target 2030
| Month | Target Price |
| January 2030 | ₹547.15 |
| February 2030 | ₹554.40 |
| March 2030 | ₹562.20 |
| April 2030 | ₹567.35 |
| May 2030 | ₹573.80 |
| June 2030 | ₹576.75 |
| July 2030 | ₹578.60 |
| August 2030 | ₹586.10 |
| September 2030 | ₹591.80 |
| October 2030 | ₹596.45 |
| November 2030 | ₹602.05 |
| December 2030 | ₹608.30 |
Also read:- Rivian Stock Price Prediction
Bharat Electronics Shareholding Pattern
Shareholding Pattern of Bharat Electronics Limited (Till December 2023)
| Particulars | Shareholding Pattern |
| Promoters | 51.14% |
| Mutual Funds | 18.06% |
| Foreign Institutions (FII) | 17.56% |
| Retail Investors | 8.66% |
| Domestic Institutions (DII) | 4.58% |
Bharat Electronics Fundamentals
Financial Metrics of Bharat Electronics Limited (05-05-2024)
| Particulars | Figures |
| Market Cap | ₹1,71,195 Cr |
| P/E Ratio | 47.99 |
| Debt to Equity | 0.00 |
| ROE | 22.43% |
| Book Value | ₹20.27 |
| Face Value | ₹1 |
Bharat Electronics Financials 2023
Financial Performance of Bharat Electronics Limited (Year 2023)
| Particulars | Year (2023) |
| Revenue | ₹18,015 Cr |
| Expenses | ₹14,092 Cr |
| EBITA | ₹4,366 Cr |
| Profit Before Tax | ₹3,922 Cr |
| Net Profit | ₹2,940 Cr |
Also read:- HFCL share price target 2024, 2025, 2030, 2040, 2050
Conclusion
Investing in Bharat Electronics Limited (BEL) holds promise for the future, driven by its robust growth trajectory and forthcoming projects. As a major supplier to the Indian government, BEL enjoys stability and investor confidence, being a government-owned entity. The outlined target prices serve as indicative benchmarks, yet it’s imperative to note that market dynamics can lead to fluctuations.
Therefore, while considering BEL for investment, it’s advisable to seek guidance from financial experts to make informed decisions tailored to individual investment goals and risk tolerance. Trend Friend encourages investors to conduct thorough research and seek professional advice before making any investment decisions in Bharat Electronics (BEL).
What is Bharat Electronics Limited (BEL) and what does it do?
BEL is a renowned company in the defense electronics sector, specializing in the design, development, and manufacturing of defense systems for the Indian armed forces.
Why consider investing in BEL stock?
Investing in BEL stock may be appealing due to its strong growth prospects, government backing, and stability derived from its significant presence in India’s defense industry.
Who are BEL’s major customers?
BEL’s primary customer is the Indian government, making it a crucial supplier of defense electronics equipment and systems to various defense establishments.
How can I stay informed about BEL’s performance and stock updates?
You can track BEL’s performance and stock updates through financial news websites, stock market apps, and the company’s official announcements and reports.
Does BEL pay dividends to its shareholders?
Yes, BEL typically pays dividends to its shareholders, reflecting its profitability and commitment to shareholder value.
What are the risks associated with investing in BEL stock?
Risks include regulatory changes, geopolitical tensions, fluctuations in defense budgets, competition, and technological advancements affecting demand for BEL’s products.
What is the outlook for BEL’s future growth and profitability?
BEL’s future growth and profitability outlook may depend on factors such as government defense spending, contract wins, R&D investments, and the successful execution of upcoming projects.
