Share of Bharat Electronics Limited (BEL) is currently trading at around Rs.133/- Existing as well as prospective investors are asking for the BEL Share Price Target from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of Bharat Electronics Limited and based on our discussion and analysis will tell you the BEL Share Price Target from 2023 to 2030.
The following questions are most frequently asked by the people with regards to the Bharat Electronics Limited. We will answer all the questions commonly asked by the existing as well as prospective investors, in this article.
- What is the target of BEL share?
- Is BEL a good buy?
- What is the target price of BEL share in 2025?
- Is BEL a good by for long term?
Discussion & Analysis of Business & Financial performance of Bharat Electronics Limited:
Bharat Electronics Limited (BEL) is a state-owned defence electronics and manufacturing company headquartered in Bengaluru, India. It is one of the largest defence electronics companies in India, and its products and services are used by the Indian Armed Forces, as well as by civilian and industrial customers.
BEL has a strong track record of innovation and indigenization, and it is continuously developing new technologies and products to meet the needs of its customers. The company is also expanding its international footprint, and it is targeting new markets in Southeast Asia, Africa, and the Middle East.
The future business prospects of BEL are bright. The Indian defence sector is expected to grow at a CAGR of 8% – 10% over the next five years, and BEL is well-positioned to capitalize on this growth. The company has a strong order book, and it is expected to continue to win new contracts in the coming years.
In addition to the defence sector, BEL is also targeting growth in the civilian and industrial markets. The company is developing new products and services for these markets, and it is expanding its sales and marketing efforts. BEL is well-positioned to benefit from the growth of the Indian economy, and it is expected to continue to grow its revenue and profits in the coming years.
Here are some of the key factors that are likely to drive the future growth of BEL:
- Growing demand for defence electronics: The Indian defence sector is expected to grow at a CAGR of 8% – 10% over the next five years. This growth will be driven by a number of factors, including the modernization of the Indian Armed Forces, the increasing threats from terrorism and asymmetric warfare, and the growing importance of space and cyber security.
- Indigenization: The Indian government is promoting indigenization in the defence sector, and BEL is well-positioned to benefit from this trend. The company has a strong track record of developing indigenous defence products, and it is continuously investing in research and development.
- Expanding international footprint: BEL is expanding its international footprint, and it is targeting new markets in Southeast Asia, Africa, and the Middle East. The company is well-positioned to succeed in these markets, as it has a strong track record of quality and reliability.
- Growing demand for civilian and industrial electronics: BEL is also targeting growth in the civilian and industrial electronics markets. The company is developing new products and services for these markets, and it is expanding its sales and marketing efforts. BEL is well-positioned to benefit from the growth of the Indian economy, as it has a strong track record of meeting the needs of its customers.
Overall, the future business prospects of BEL are bright. The company is well-positioned to capitalize on the growth of the Indian defence sector, as well as the growing demand for civilian and industrial electronics. BEL is expected to continue to grow its revenue and profits in the coming years.
Share Price Targets:
BEL Share Price Target 2023
Based on the above discussion and analysis, the share price of BEL may touch the level of around Rs.145-150 in 2023.
BEL Share Price Target 2024
Based on the above discussion and analysis, the share price of BEL is likely to touch the level of around Rs.155-160 in 2024
BEL Share Price Target 2025
Based on the above discussion and analysis, the share price of BEL is likely to remain in the range of Rs.165-170 in 2025.
BEL Share Price Target 2026
Based on the above discussion and analysis, the share price of BEL may touch the level of around Rs.175-180 in 2026.
BEL Share Price Target 2027
Based on the above discussion and analysis, the share price of BEL is likely to touch the level of around Rs.185-190 in 2027
BEL Share Price Target 2028
Based on the above discussion and analysis, the share price of BEL is likely to remain in the range of Rs.195-200 in 2028
BEL Share Price Target 2029
Based on the above discussion and analysis, the share price of BEL is likely to touch the level of around Rs.210-215 in 2029
BEL Share Price Target 2030
Based on the above discussion and analysis, the share price of BEL is likely to remain in the range of Rs.220-250 in 2030
Disclaimer: Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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