Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Top gainers on the MC BudEx were Chambal Fertiliser, Bharat Electronics, IRB Infra and Bank of Baroda, all gaining 6-8 percent.

MC BudEx gains 1.4% powered by fertiliser, defence stocks

ICICI Direct is bullish on Bharat Electronics recommended buy rating on the stock with a target price of Rs 130 in its research report dated January 28, 2023.

Buy Bharat Electronics; target of Rs 130: ICICI Direct

At least 22.7 lakh equity shares traded hands in at least one bunched trade, according to Bloomberg data.

Bharat Electronics Shares Surge After Large Trade

The strong order book, and the likelihood of better margins -- as the supply chain untangles and raw material costs decline -- are good reasons to back BEL in the long term

Bharat Electronics stock attractive after stake sale by Norges Bank

The order inflow in the nine months ended December (9MFY23) stood at about ₹3,700 crore, according to Nuvama Research analysts.

Bharat Electronics’ strength hinges on robust order inflows

Going ahead, we expect the potential for defense orders, especially production of QRSAM, to aid earnings in the near term.

Bharat Electronics Q3 Results Review - Good Performance; Orderbook Accretion Awaited: ICICI Securities

ICICIdirect said revenue for Bharat Electronics came in line with estimates but higher than expected raw material costs impacted margins.

Bharat Electronics shares plunge 7% after Q3 results. ICICIdirect sees stock at Rs 130 level

Will Adani’s response to Hindenburg’s allegations revive the stock price of group companies? While the Bajaj Finance and Vedanta results are in in focus. PSU earnings candidates in focus are NTPC and Bharat Electronics

Stock Market LIVE: Adani issues response to Hindenburg allegations; Bajaj Finance, Vedanta, Bharat Electronics in focus

Order pipeline remains healthy from defence (Akash Prime, HIMSHAKTI EWS etc.) as well as non-defence segment.

Bharat Electronics Q3 Results Review - Decent Quarterly Performance: Prabhudas Lilladher

The company’s board on January 28 recommended an interim dividend of Re 0.60 per share (on face value of Rs 1 each) on the enhanced share capital of the company post Bonus Issue of equity shares in September 2022.

Bharat Electronics down after Q3 profit disappoints but ICICI Securities sees 37% upside

Ebitda margin contracted which was primarily on account of higher than expected raw material cost.

Bharat Electronics Q3 Results Review - Execution Inline; Higher Costs Impact Margins: ICICI Direct

Bharat Electronics Limited is engaged in design, manufacture and supply of electronics products/systems for defense as well as for nondefense markets. The Company's principal products include weapon systems, radar and fire control systems etc.

Bharat Electronics Ltd

Bharat Electronics Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

MC BudEx gains 1.4% powered by fertiliser, defence stocks

Buy Bharat Electronics; target of Rs 130: ICICI Direct

Bharat Electronics Shares Surge After Large Trade

Bharat Electronics stock attractive after stake sale by Norges Bank

Bharat Electronics’ strength hinges on robust order inflows

Bharat Electronics Q3 Results Review - Good Performance; Orderbook Accretion Awaited: ICICI Securities

Bharat Electronics shares plunge 7% after Q3 results. ICICIdirect sees stock at Rs 130 level

Stock Market LIVE: Adani issues response to Hindenburg allegations; Bajaj Finance, Vedanta, Bharat Electronics in focus

Bharat Electronics Q3 Results Review - Decent Quarterly Performance: Prabhudas Lilladher

Bharat Electronics down after Q3 profit disappoints but ICICI Securities sees 37% upside

Bharat Electronics Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

MC BudEx gains 1.4% powered by fertiliser, defence stocks

Buy Bharat Electronics; target of Rs 130: ICICI Direct

Bharat Electronics Shares Surge After Large Trade

Bharat Electronics stock attractive after stake sale by Norges Bank

Bharat Electronics’ strength hinges on robust order inflows

Bharat Electronics Q3 Results Review - Good Performance; Orderbook Accretion Awaited: ICICI Securities

Bharat Electronics shares plunge 7% after Q3 results. ICICIdirect sees stock at Rs 130 level

Stock Market LIVE: Adani issues response to Hindenburg allegations; Bajaj Finance, Vedanta, Bharat Electronics in focus

Bharat Electronics Q3 Results Review - Decent Quarterly Performance: Prabhudas Lilladher

Bharat Electronics down after Q3 profit disappoints but ICICI Securities sees 37% upside

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock