BEL Stock In Focus After Rs 528 Crore Order; Time To Buy The Navratna Defence PSU?

Bharat Electronics Limited (BEL) shares will remain in focus on Tuesday after the Navratna defence PSU announced that it has bagged additional orders worth Rs 528 crore. The defence manufacturer has secured additional orders for equipment such as EVMs, jammers, shelters, control centres, spares, and services.

BEL shares closed 1.63% higher at Rs 421.70 per share on the BSE, with a market capitalisation of Rs 3,08,253.37 crore. The company stock touched an intraday high mark of Rs 423.20 per share and an intraday low mark of Rs 414.30 per share on BSE on Monday.

BEL Update on Orders

The company gave update about its recent orders and their estimated valuation on a BSE exchange filing after the closure of trading hours. "Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has secured additional orders worth Rs.528 Crore since the last disclosure on 20th June 2025. Major orders received include Radars, communication equipment, EVMs, jammers, shelters, control centre, spares, services etc," read a BEL's BSE filing on Monday.

On June 20, the company had disclosed that it has secured an additional orders worth Rs 585 crore since 5 June. The major orders received by the company were associated with missiles, communication equipment, etc.

"Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has secured additional orders worth Rs.585 Crore since the last disclosure on 5th June 2025. Major orders received include fire control and sighting system for missiles, communication equipment,jammers, spares, services etc," stated BEL in its press release.

BEL's Strong Order Growth To Boost its Long-Term Outlook?

BEL has remained one of the favourite defence PSU stocks of investors because of its high return on equity percentage (RoE), strong order book growth, and its strategic position in India's defence sector.

Due to BEL's continued focus on emergency procurement, strong execution capabilities, diversified pipeline, and sustained revenue growth, the Navratna defence PSU is likely to present a long-term growth opportunity for investors, according to Choice Broking Limited.

The brokerage also highlighted, that while the company is focusing on increasing its order book, the diversity of the project pipeline and its special emphasis on the completion of existing orders positions it well in the defence industry.

"We remain optimistic on BHE, given its robust order book stands at INR 716.5Bn (3.0x FY25 Revenue). We believe the companies order inflow will gain traction due to emergency procurement and speeding up the existing projects. The company's diversified pipeline, including NGC subsystems, additional LCA orders, and critical defense systems like LRSAM & radar solutions, positions it well for sustained revenue growth and market leadership," read a report by Choice Equity Broking.

BEL Target Price

The brokerage maintained a 'Buy' call for the stock with a target price of Rs 500 per share. It indicated a potential 22% upside in BEL stock value in long-term.

What Makes BEL A Strong Investment Opportunity In Defence Sector?

The wider share of electronic components, parts, equipment in BEL's order portfolio raises the company's position in the country's defence sector. The products manufactured by BEL cater to the demand of all the three branches of the armed forces.

"Our research indicates that electronic components, parts, and equipment contribute approximately 30-60% of the total cost of defense equipment, depending on the platform type. BHE holds a strategic position within India's defense sector, catering to all three branches of the armed forces and serving as a key supplier to major defense companies," noted the brokerage highlighting BEL's lack of dependency on major DPSU's, diversified portfolio, strong R&D capabilities as its major advantages.

However, QR-SAM, MR-SAM, Kusha Project, Akash SAM, order inflow, orders from Europe are likely to be key triggers for BEL;s business.