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The stock of Bharat Electronics Limited (BEL), a company that makes Akashtir Air Defense System, climbed 3% today to reach 52-week high.
However, it later declined a bit and it is currently trading at Rs 365 above 0.37%. BEL is going to release the results of the fourth quarter of FY 2024-25 today i.e. on 19 May.
How is the company’s share performing?
Before the results of Q4, BEL shares are boom today. The stock has given returns of 11%last 11%, 22%in a month, 31%in six months, 33%in a year and 25%from this year i.e. January 1. The market cap of BEL is 2.67 lakh crore rupees.
Q4Fy25 What is the market estimate before the results?
- Financial holding company Nomura estimates that the Q4Fy25 company’s profit may increase by 1.8% to ₹ 1,816 crore on an annual basis. At the same time, Yoy in sales can increase by 4.7% to Rs 8,927 crore.
- Brokerage firm sharekhan believes that the company’s profit will increase by 4.9% to ₹ 1,873 crore. At the same time, sales yoy can increase 4.2% to ₹ 8,920 crore and operating profit margin 26.6%.
- Kotak Institutional Equities said that both the company’s profit and sale in Q4 will increase by 6% to ₹ 1,903 crore ₹ 9,079 crore.
- Kotak said, BEL’s order flow growth was Rs 8,900 crore, which is slow as expected. BEL has recently acquired a 75% target of guided order inflow for FY 2025.
- ICICI Securities said that BEL missed its order inflow guidance. This estimates a decline of 15.9% to a decline of ₹ 1,499.80 crore on an annual basis.
BEL manufactures 20 other sectors including defense
India Electronics Limited (BEL) is a Navratna company under the Ministry of Defense. It manages the latest and Modern State of the Art Electronic Products and System for Army, Navy and Air Force. Now in the company More than 8,832 employees work.
Defense development and manufacturing make up productions for separate sector like space electronics, EV charging stations, network and cyber security, airports, railway and metro solutions, electronic voting machines, telecom products, night visible devices, medical electronics.
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Read this news too …
Akashtir Defense System became the hero of Indo-Pak struggle: It is being called indigenous iron dome, capable of killing missiles and drones in a few seconds
Prime Minister Modi was at Adampur airbase in Punjab yesterday (13 May). Here he said, Pakistan targeted our military base and citizens with drones, UAV, military aircraft and missiles, but all of them failed in front of our air defense system.
The air defense system that Modi was praising is none other than India has its own sky and control system. With this help, hundreds of drones, missiles and rockets coming from Pakistan were killed in the air. This defense system was also discussed in press briefing
Click here to read the full news …
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