Bharat Electronics Ltd

Bharat Electronics Limited (BEL), a leading defense PSU, has seen its stock rise 10% in just five sessions, closing at ₹305.80 on November 28, 2024. This follows a tough October, with BEL now trading above ₹300. The stock has surged 65.34% YTD and has a 52-week high of ₹340.50. Brokerages are bullish, with targets between ₹340 and ₹380, driven by strong order backlogs and government initiatives in defense. BEL has a history of shareholder-friendly actions, including bonuses and stock splits, and offers a current dividend yield of 0.72%.