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Reading: Purchase Bharat Electronics, goal worth Rs 350: ICICI Securities
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StockWaves > Financial News > Purchase Bharat Electronics, goal worth Rs 350: ICICI Securities
Financial News

Purchase Bharat Electronics, goal worth Rs 350: ICICI Securities

StockWaves By StockWaves Last updated: March 25, 2025 2 Min Read
Purchase Bharat Electronics, goal worth Rs 350: ICICI Securities
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ICICI Securities has a purchase name on Bharat Electronics with a goal worth of Rs 350.0. The present market worth of BEL is Rs 299.7. Bharat Electronics, included in 1954, is a Massive Cap firm with a market cap of Rs 218511.22 crore, working within the Defence sector.

Bharat Electronics Ltd. key Merchandise/Income Segments embody Digital Elements & Equipments, Sale of providers, Different Working Income, Scrap and Lease for the yr ending 31-Mar-2024.

Financials
For the quarter ended 31-12-2024, the corporate has reported a Consolidated Whole Revenue of Rs 5957.07 crore, up 25.08% from final quarter Whole Revenue of Rs 4762.66 crore and up 37.59% from final yr similar quarter Whole Revenue of Rs 4329.58 crore. The corporate has reported web revenue after tax of Rs 1301.27 crore within the newest quarter. The corporate’s high administration consists of Mr.Bhanu Prakash Srivastava, Mr.Gokulan Bangakandy, Dr.Shivnath Yadav, Mr.Prafulla Kumar Choudhury, Dr.N Santhoshkumar, Mr.Mansukhbhai S Khachariya, Dr.P V Parthasarathi, Dr.Binoy Kumar Das, Mr.T Natarajan, Mr.Okay V Suresh Kumar, Mr.N Vikraman, Mr.S Damodar Bhattad, Mr.Manoj Jain, Mrs.Shyama Singh. Firm has Guru & Jana as its auditors. As on 31-12-2024, the corporate has a complete of 731 crore shares excellent.

Stay Occasions

Promoter/FII Holdings
Promoters held 51.14 per cent stake within the firm as of 31-Dec-2024, whereas FIIs owned 17.34 per cent, DIIs 20.84 per cent.

(Disclaimer: Suggestions given on this part or any experiences connected herein are authored by an exterior social gathering. Views expressed are that of the respective authors/entities. These don’t signify the views of Financial Instances (ET). ET doesn’t assure, vouch for, endorse any of its contents and hereby disclaims all warranties, specific or implied, regarding the identical. Please seek the advice of your monetary adviser and search impartial recommendation.

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