{"id":4255,"date":"2024-10-08T09:52:03","date_gmt":"2024-10-08T04:22:03","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4255"},"modified":"2024-10-08T09:52:04","modified_gmt":"2024-10-08T04:22:04","slug":"bel-secures-over-rs-500-crore-in-new-orders-stock-remains-in-focus","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/bel-secures-over-rs-500-crore-in-new-orders-stock-remains-in-focus\/","title":{"rendered":"BEL Secures Over Rs 500 Crore in New Orders, Stock Remains in Focus"},"content":{"rendered":"\n

Shares of Bharat Electronics Ltd (BEL) were in focus on October 8 after the defense PSU announced it had secured additional orders worth over Rs 500 crore since its previous update on September 11. The new contracts include a variety of key defense projects, such as electromagnetic interference (EMI) shelters, maintenance for air command systems, and spares for radar and communication systems.<\/p>\n\n\n\n

With these latest orders, BEL\u2019s order book for FY25 has grown to Rs 7,689 crore. The company aims for a total order inflow of Rs 25,000 crore in the financial year.<\/p>\n\n\n\n

International brokerage Macquarie continues to maintain an “outperform” rating on BEL, with a price target of Rs 350, indicating a potential 26% upside from its previous close.<\/p>\n\n\n\n

Despite recent order wins, BEL shares have faced selling pressure, slipping 7% in the last five sessions after being added to the Nifty50 index. However, the stock has still gained 44% this year, outperforming Nifty\u2019s 15% rise. Investors remain optimistic about BEL\u2019s growth potential driven by its strong order book and upcoming contracts.<\/p>\n\n\n\n

Do you have a news tip for Lakshmishree reporters? Please email us at <\/em>media@lakshmishree.com<\/p>\n\n\n\n

Source:\u00a0Moneycontrol<\/a><\/sup><\/sub><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Shares of Bharat Electronics Ltd (BEL) were in focus on October 8 after the defense PSU announced it had secured additional orders worth over Rs 500 crore since its previous update on September 11. The new contracts include a variety of key defense projects, such as electromagnetic interference (EMI) shelters, maintenance for air command systems, […]<\/p>\n","protected":false},"author":1,"featured_media":4256,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[458],"class_list":["post-4255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-bel-secure-orders"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=4255"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4255\/revisions"}],"predecessor-version":[{"id":4257,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4255\/revisions\/4257"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/4256"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=4255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=4255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=4255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}