BEL fires growth salvo with defence orders, new contracts boost revenues

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 stock of Bharat Electronics (BEL) has risen 10 per cent over the past seven to eight trading sessions, driven by order wins that improve revenue visibility. The gains mark a reversal of a declining trend in its stock price between early July and late August, during which the scrip fell over 13 per cent. Beyond recent wins, investor optimism is supported by a healthy order book and a robust long-term outlook.

 

The immediate trigger for the stock is the orders received this month. After securing orders worth ₹644 crore at the start of September for data centres, ship fire