BEL Share Price Target 2026: The stock of Bharat Electronics Ltd rose over 7 per cent on Wednesday, April 1. It comes after Morgan Stanley reviewed the performance of PSU shares and highlighted key reasons for the its bullish outlook. The brokerage also suggested an upside target price for the defence stock.
At 9:53 AM on BSE, the shares were trading at Rs 427.30, which was up 6.67 per cent from its previous closing.
Meanwhile, Navratna defence Public Sector Undertaking on March 31 announced that it has secured additional orders worth Rs. 6795 Crores since the last disclosure on March 30, 2026. Orders received include mountain radars from MoD, Avionics package for LCA from HAL, major export order for communication equipment, electronic fuzes, strategic components, upgrades, spares, services etc.
The brokerage has set a target price of Rs 508 for the defence stock. The current stock price is Rs 427.30 (9:53 AM).
The 52-week share price range is Rs 473.25 and Rs 252.25.
The company achieved revenue from operations of Rs 7,121.98 crore, registering a growth of 23.73 per cent during the December quarter of 2025-26 against Rs 5,756.12 crore recorded in the corresponding period of the previous year.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
