Order wins, strong pipeline, and long-term defence projects drive optimism in Bharat Electronics, with revenue growth visibility and major contracts like QRSAM and Project Kusha ahead
The brokerage has assigned an 'Add' rating to HAL and BEL, with target prices of ₹6,325 and ₹459, respectively, while Bharat Dynamics, Astra Microwave, and Data Patterns remain 'Not Rated.'
Thus far in the month of September, Bharat Electronics stock has outperformed the market by surging 11 per cent, as compared to 3.5 per cent rise in the BSE Sensex.
At 10:32 AM; Nifty India Defence index was up 2.6 per cent, as compared to 0.28 per cent rise in Nifty 50.
BEL share price rose after the company announced that it will pay the dividend of ₹0.90 per share on September 23, 2025.
Stocks to watch on Wednesday, September 10, Bajaj Auto: To fully pass on GST cut benefits; price reduction up to ₹20,000 on bikes and ₹24,000 on three-wheelers from September 22.
Apart from Nifty, 1 in every 4 stocks traded on NSE on Sept 4 recorded the day's high at open, and closed near the day's low; thus forming a 'Bearish Marubozu' candlestick pattern on the daily chart.
Centum Electronics shares hit a record high after it signed an MoU with BEL for strategic collaboration in defence electronics
Nifty India Defence index declined 2% in Friday's intra-day trade, corrected 17% from its all-time high level of 9,195.15 touched on June 6, 2025.
The aggregate earnings of the 184 companies in MOFSL's coverage rose 7 per cent year-on-year (Y-o-Y) in Q1FY26, matching the brokerage's estimates.
Micro, Small and Medium Enterprises in the defence and aerospace sectors must adhere to stringent quality standards to become part of the global supply chain, Bharat Electronics Limited chairman and managing director Manoj Jain said on Saturday. Speaking at the curtain-raiser of the 7th edition of the India Manufacturing Show (IMS), billed as the 'Aerospace & Defence Engineering Expo', Jain stressed the importance of quality and certification. "MSMEs must align with stringent quality and certification standards if they are to be part of the global supply chain," he said, adding that flexibilitywithout compromising regulatory complianceis essential from both large industries and MSMEs. "This calls for a mindset change across the ecosystem," he noted. IMS 2025 is being organised by Laghu Udyog Bharati-Karnataka in association with the IMS Foundation. The international expo, scheduled to be held from November 6-8 at the Bangalore International Exhibition Centre, will showcase core ..
The Ministry said the systems will contain a minimum of 70% indigenous content and will be capable of detecting "all forms of air-borne threats"
At 01:44 PM; the Nifty India Defence index was the top loser among sectoral indices, down 2.3 per cent, as compared to 0.41 per cent decline in the Nifty 50.
In the past month, BEL has outperformed the market by surging 13 per cent, as the company secured orders amounting of ₹3,973 crore in June.
SBI, BEL, HAL, Power Grid, and Coal India are among the top stock picks for Motilal Oswal