Wed Apr 02 09:40:00 UTC 2025: ## BEL Stock Dips Despite Revenue Beat

**Mumbai, April 2, 2025** – Bharat Electronics Ltd. (BEL) shares experienced a significant drop today, falling 6% intraday to ₹274.5 on the BSE. This downturn followed the company’s announcement on April 1st of FY25 order inflows totaling ₹18,715 crore, falling short of the projected ₹25,000 crore.

Despite missing its order inflow target, BEL exceeded revenue expectations. The company reported provisional FY25 turnover of ₹23,000 crore, a 16% increase over FY24’s ₹19,820 crore. This surpasses BEL’s own 15% growth guidance. The company secured significant orders for projects including the BMP II Upgrade, Ashwini Radar, and various other defense and non-defense initiatives.

BEL’s order book stands at a robust ₹71,650 crore (including $359 million in export orders), with FY25 export sales reaching $106 million – a 14% increase year-on-year. Chairman and Managing Director Manoj Jain expressed confidence in BEL’s global expansion plans and its continued market leadership.

While the stock closed at ₹275, down 5.8% for the day, analyst opinions remain divided. Macquarie maintains an “outperform” rating with a ₹350 target price, while Kotak Institutional Equities holds a “sell” rating with a ₹260 target price. Technically, the stock’s RSI is 57.4, indicating neither overbought nor oversold conditions. BEL’s market capitalization currently stands at ₹2,03,467 crore.

**Disclaimer:** This news is for informational purposes only and does not constitute investment advice.

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