Ever watched a stock shoot up and wondered if you’re missing out? Bharat Electronics Limited (BEL), a leading defense sector PSU, just hit a new high—jumping 2% to ₹423.20. If you’re eyeing defense stocks or hunting for stable long-term bets, BEL’s fresh ₹528 crore order might have you curious. But is it the right time to buy? Let’s break it down.
BEL share price hits ₹423.20—up 2% on new ₹528cr orders. Analysts weigh in: Is it time to buy, hold, or wait? Key financials & risks explained.
Why BEL Shares Are Rallying
The stock’s surge isn’t random. Here’s what’s fueling the momentum:
- New orders worth ₹528 crore (radars, EVMs, communication gear, etc.).
- Earlier ₹585 crore orders for missile systems, jammers, and spare parts.
- 43.9% returns in 6 months—outperforming many peers.