Bharat Electronics Limited (BEL) Share growth 2024, market price, investment, returns, financial markets, Bharat Electronics Limited (BEL) Share Price Historical Yearly Growth and Analysis, BEL Best Defence Stock to Invest in India 2024.
Bharat Electronics Limited (BEL) is a government-owned company operates under the Ministry of Defence, Government of India that manufactures and supplies electronic equipment and systems for the defense sector as well as for non-defense markets. BEL was established in 1954 with the objective of meeting the country’s growing demand for electronic equipment in the defense sector. The company has since grown to become a leading player in the global defense electronics market. BEL’s products are used by the Indian Armed Forces, paramilitary forces, and police and is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
BEL has a strong track record of innovation. The company has developed a number of new products and technologies over the years. Some of BEL’s notable achievements include:
- Developing India’s first indigenous radar system
- Developing India’s first indigenous electronic warfare system
- Developing India’s first indigenous avionics system
- Developing India’s first indigenous electro-optic system
BEL is a leading player in the global defense electronics market. The company is well-positioned to benefit from the growing demand for defense electronics in India and around the world.
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Bharat Electronics Limited (BEL) Historical Yearly Growth and Analysis:
Over the past five years, BEL’s stock price hasn’t jumped a lot, growing around 7.2% each year. But it’s been steadily going up, which is good. On the other hand, the company’s profits have been doing much better. They’ve been growing at an average of about 16.53% each year during the same time. So, while the stock hasn’t had huge growth, the company’s making more money over time.
Analysts are generally bullish on BEL share. They believe that the company is well-positioned to benefit from the growing demand for defense electronics in India.
Bharat Electronics Limited (BEL) Share Price expected growth in upcoming five years:
BEL share price is expected to grow at a CAGR of 15-20% in the upcoming five years. It is a well-positioned company with a strong track record. The company is likely to benefit from the continued growth of the Indian defense electronics market. As a result, BEL’s share price is likely to continue to grow in the coming years.
BEL is well-positioned to benefit from the continued growth of the Indian defense electronics market. The Indian government is expected to spend over ₹5 lakh crore on defense in the next five years. A significant portion of this spending is expected to go on the acquisition of defense electronics equipment.
Bharat Electronics Limited (BEL) Share Price Prediction 2024
| Year 2024 | Bharat Electronics Limited (BEL) Stock Price Prediction 2024 ₹ 200.32 |
Bharat Electronics Limited (BEL) Share Price Prediction 2025
| Year 2025 | Bharat Electronics Limited (BEL) Stock Price Prediction 2025 ₹ 250.61 |
Bharat Electronics Limited (BEL) Share Price Prediction 2030
| Year 2030 | Bharat Electronics Limited (BEL) Stock Price Prediction 2030 ₹ 500.29 |
Bharat Electronics Limited (BEL) Share Price Prediction 2040
| Year 2040 | Bharat Electronics Limited (BEL) Stock Price Prediction 2040 ₹ 1753.01 |
Bharat Electronics Limited (BEL) Share Price Prediction 2050
| Year 2050 | Bharat Electronics Limited (BEL) Stock Price Prediction 2050 ₹ 5909.91 |
Top Investors in BEL:
Here is the list of top investors in BEL-
| Investor | Country | Stake (%) |
|---|---|---|
| Government of India | India | 72.84 |
| Life Insurance Corporation of India (LIC) | India | 5.70 |
| State Bank of India (SBI) | India | 2.85 |
| HDFC Life Insurance Company | India | 1.70 |
| ICICI Prudential Life Insurance Company | India | 1.68 |
Bharat Electronics Limited (BEL) releases his IPO in 1988:
Bharat Electronics Limited (BEL) went public on March 17, 1998, with an initial public offering (IPO) of 26.8 million shares at a price of ₹40 per share. The IPO was oversubscribed by 13 times.
The IPO was a landmark event for the Indian defense sector, as it was the first time that a public sector defense company was listing on the stock exchange. The IPO was also a success for BEL, as it raised ₹1.07 billion.
Official Site Of Bharat Electronics Limited (BEL)
Some Frequently Asked Questions:
What is BEL and what does it do?
BEL, or Bharat Electronics Limited, is a government-owned company under the Ministry of Defence, India. It manufactures electronic equipment for defense and non-defense sectors, being a leader in the global defense electronics market.
What are BEL’s notable achievements?
BEL has developed India’s first indigenous radar, electronic warfare, avionics, and electro-optic systems, showcasing significant contributions to defense technology.
What’s the expected share price growth for BEL?
BEL’s share price is expected to grow at a CAGR of 15-20% over the next five years due to its strong position in the defense electronics market.
What is BEL’s IPO history and significance?
BEL’s IPO was launched in 1998 with 26.8 million shares at ₹40 per share. It was oversubscribed by 13 times, marking a pivotal moment for the Indian defense sector as the first public sector defense company to list on the stock exchange.
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