Stay updated with breaking news from Bharat Electronics. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
BEL stock has more than doubled investors' wealth in the last one year, rising 161 percent. The stock has extended its gains for 2024 to over 40 percent.
BEL shares hit a record high, up 9% after a 30% profit increase and dividend declaration. Brokerages are optimistic about BEL's growth potential, with target prices set by Nomura & Motilal Oswal, citing improved margins & government support for the defence sector.
IT stocks are under pressure in trade due to concerns over US interest rates remaining higher for longer, after some Federal Reserve officials maintained a cautious stance on inflation.
Bharat Electronics Q4 Results Live : Revenue increased by 32.18% YoY & profit increased by 30.04% YoY
In the past year, various sectors such as banking, real estate, and technology stocks outperformed in America, leading to Dow Jones hitting the 40,000 mark.