BEL

Bharat Electronics

₹290.5
+4.3 (1.5%)
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13 June, 2024 05:28 BSE: 500049 NSE: BELISIN: INE263A01024

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Bharat Electronics Performance

Day Range

₹ 290

52 Week Range

₹ 290

Bharat Electronics Share Price

  • Over 1 Month +27.92%
  • Over 3 Month +36.67%
  • Over 6 Month +80.16%
  • Over 1 Year +141.38%

Bharat Electronics Key Statistics

Bharat Electronics Technicals

EMA & SMA

Current Price
₹290.5
+4.3 (1.5%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹275.53
  • 50 Day
  • ₹253.41
  • 100 Day
  • ₹228.30
  • 200 Day
  • ₹196.66
  • 20 Day
  • ₹280.11
  • 50 Day
  • ₹249.97
  • 100 Day
  • ₹221.71
  • 200 Day
  • ₹185.44

Bharat Electronics Resistance and Support

PIVOT
₹289.86
Resistance
First Resistance 293.65
Second Resistance 296.80
Third Resistance 300.60
RSI 59.36
MFI 56.08
MACD Single Line 12.66
MACD 10.99
Support
First Support 286.70
Second Support 282.90
Third Supoort 279.75

Bharat Electronics Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 35,385,996 1,582,461,741 44.72
Week 56,782,910 2,118,002,543 37.3
1 Month 76,454,981 3,037,556,399 39.73
6 Month 36,704,843 1,605,102,796 43.73

Bharat Electronics Result Highlights

Bharat Electronics Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Bharat Electronics Corporate Action

Date Purpose Remarks
2024-05-20 Audited Results & Final Dividend
2024-03-15 Interim Dividend
2024-01-29 Quarterly Results & Interim Dividend
2023-10-28 Quarterly Results
2023-07-27 Quarterly Results
Date Purpose Remarks
2024-03-23 INTERIM Rs.0.70 per share(70%)Second Interim Dividend
2024-02-10 INTERIM Rs.0.70 per share(70%)Interim Dividend
2023-03-25 INTERIM Rs.0.60 per share(60%)Second Interim Dividend
2023-02-10 INTERIM Rs.0.60 per share(60%)Interim Dividend
2022-03-26 INTERIM Rs.1.50 per share (150%) Second Interim Dividend
Date Purpose Remarks
2022-09-16 Bonus Re.0.00 issue in the ratio of 2:1 of Re. 1/-.

About Bharat Electronics

Bharat Electronics Limited (BEL) is a prestigious Navratna Public Sector Undertaking (PSU) under the Ministry of Defence, Government of India. Since its inception in 1954, BEL has contributed to India's self-reliance in developing indigenous industries. The company's growth and success are attributed to the visionary leadership of its pioneers, the dedication of its employees, the trust of its customers, and the support from the Indian government.

Over the past six decades, BEL has evolved from manufacturing essential communication equipment in collaboration with CSF, France (now Thales), to becoming a leader in various cutting-edge technologies. The company produces a wide range of state-of-the-art electronic products and systems, catering to the needs of the Army, Navy, and Air Force. Its product portfolio includes Radars, Defence Communication, Naval Systems, Weapon Systems, C4I Systems, Homeland Security, Electronic Warfare, Telecom & Broadcast Systems, Tank Electronics, Professional Electronic Components, Solar Photovoltaic Systems, Electro-Optics, and more. BEL also offers turnkey system solutions.

With its headquarters in Bangalore, BEL has expanded its presence across the country by establishing additional units in Ghaziabad, Chennai, Machilipatnam, Pune, Panchkula, Navi Mumbai, Kotdwara, and Hyderabad. Each unit focuses on specific product lines and customer segments. Additionally, BEL has a vast network of offices and service centres throughout India and overseas offices in New York and Singapore.

Though initially founded to meet the specialized electronic equipment requirements of the Indian Defence Services, BEL has also made significant strides in the civilian market. It offers products like Tablet PCs, Electronic Voting Machines, solar-powered traffic signal systems, and Access Control Systems. The company also exports some of its products and services to various countries, enhancing India's global presence in defence electronics.

BEL's commitment to the government's 'Make in India' initiative aligns perfectly with its mission to contribute to the nation's growth and self-reliance. As a leading defence electronics manufacturer and a key player in the civilian market, BEL continues to play a vital role in the development and progress of India's technological landscape.

The History of Bharat Electronics

On April 1, 1954, Bharat Electronics Limited was founded by the Indian government's Ministry of Defence. It was established as a PSU to meet the Indian Armed Forces' expanding need for defence electronics. BEL opened its first facility in Bengaluru, Karnataka, to produce the first batch of domestic communication equipment.

For the Indian Armed Forces, BEL went into designing and developing a range of electronic devices, including radars, communication systems, and countermeasures. Electronic voting machines (EVMs) for the Election Commission of India and airport X-ray baggage inspection systems are now part of BEL's expanding product line.

BEL made substantial technological and indigenization advancements, becoming a significant force in India's defence electronics market. The business expanded into industries including optoelectronic devices, naval systems, and electronic warfare systems.

BEL updated its production facilities and concentrated on R&D to keep up with the fast-changing world of defence technology. BEL kept growing its product line by incorporating cutting-edge electronic systems and technologies to cater to the demanding requirements of the armed services.

Bharat Electronics- Some Important Facts

● Bharat Electronics Limited was founded in 1954 by the Indian government's Ministry of Defence. It was established in Bangalore, Karnataka (now Bengaluru).
● BEL's main business is designing, developing, producing, and delivering cutting-edge electronic systems and products for civilian and defence purposes in India.
● The company's product offerings include radar, sonars, communication devices, electronic warfare systems, naval systems, surveillance systems, and other cutting-edge defence electronics.
● In addition to servicing the Indian Armed Forces, BEL has established itself as a dependable supplier to many international nations, shipping its goods to more than 30 nations worldwide.

Bharat Electronics- Awards Received 

● The Government of India has granted Bharat Electronics Limited (BEL) the prestigious "Navratna" status.

● BEL received the esteemed Raksha Mantri Awards for "Excellence 2011-12" in various categories, including Best Performance in Exports, Indigenization, Innovation, and Design Efforts.

● Recognizing its exceptional human resource management practices, BEL was honoured with the SCOPE Meritorious Award for Excellence in 2012-13.

● BEL's noteworthy contributions to technology development and innovation in defence applications were recognized with the Society of Defence Technologists (SODET) Awards for 2011-12 and 2012-13.

● For its outstanding achievements in implementing Six Sigma projects, BEL was awarded 12 Gold Medals in the competition conducted by the Quality Circle Forum of India (QCFI).

● BEL's excellence in export operations in the "Electronics and Communication - Medium and Large Enterprise" category earned the company the prestigious "Karnataka State Export Excellence" Award for 2011-12 and 2012-13.

Today, Bharat Electronics Limited is India's premier defence electronics company, providing various products and solutions for defence and civilian applications. It plays a crucial role in enhancing the country's self-reliance in defence technology.

Q2FY23
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