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BEL

Bharat Electronics Limited
Large-capDefence ↗

What the six lenses say about BEL — its relative strength vs the baselines, price & RS trend, the 8-quarter financials, and live filings.

Price
₹404.0
2026-09-08
VWAP · 1Y anchor
₹419
-3.7% from VWAP
P/E · TTM
48.7×
TTM EPS ₹8.3
52-week range
34%
position low→high
RSI(14)
45
momentum

Own sector index

Defence ↗
Overweight

1M

+0.9%

3M

+8.7%

1Y

+29.4%

Breadth >EMA21

62%

How BEL’s own sector index is moving — context for reading the stock’s six lenses.

Six-lens read

What the six lenses say

How the lenses are scored ↗
Strength
2.0
avg conviction decile
Leadership
—
top-decile composite in cohort
Each lens is a decile within its cap cohort (D10 = top 10%) — no black-box composite. Expand a lens for the real numbers behind it.
LensDecile · Large-cap cohortDRaw
TechnicalD13›

The actual numbers

Price vs VWAP (1y)-3.7%
EMA trend stackDown · 21<50<200
Price vs 200-EMA-1.4%
Price vs 50-EMA-1.2%
RSI(14)45
RS vs Nifty 500 · 3M-6.6%
RS vs sector · 3M-10.8%
52-week range34%
Volume vs 30d avg2.02×
Volume vs 60d avg1.94×
ATR(14) · volatility7.6
Bollinger width · vol contraction0.031
FundamentalD1083›

The actual numbers

Return on equity (ROE)27.6%
Return on capital (ROCE)36.5%
Operating margin29.2%
Net margin22.0%
Revenue growth · YoY+16.2%
EPS growth · YoY+13.9%
Debt / equity0.00×

Full 8-quarter history in the financials table below.

ValuationD737›

The actual numbers

P/E (TTM)48.7×
TTM EPS₹8.3
52-week range34%
CatalystD867›

The actual numbers

Order wins · 21 filings+154
Earnings & momentum176
Capital actions7
Governance65

Every filing in the corporate-announcements panel below.

FlowD350›

The actual numbers

Promoter holding51.1%
Delivery · 30d avg57.7%
Up/down-day asymmetry3.4pp
How the decile & conviction are calculated

Decile — each lens’s 0–100 score is ranked against every Large-cap stock in the universe. D10 = top 10% (strongest), D1 = bottom 10%. A decile is simply where this stock sits versus its size-peers on that lens — no weighting, no black box.

Conviction — the average of the two active conviction-lens deciles (Technical & Flow):

( D1 + D3 ) ÷ 2 = 2.0(Technical · Flow)

Fundamental, Catalyst, Valuation and Policy are shown for context but carry weight 0 in the current model, so they are not scored into conviction. Full detail on the methodology page ↗.

Glass box

How the score is built

Click a lens to expand its sub-components, then drill to the actual values. The eye icon on any term explains it.

Conviction score · Below threshold
7
Conviction score 7/100 · avg-decile strength 2.0/10
Conviction score7/100›
TechnicalD1›
FundamentalD10›
ValuationD7›
CatalystD8›
FlowD3›

Relative strength · always on

Percentage-point spread vs each baseline across six windows. Green = outperforming, red = lagging. Data as of 2026-09-08.

Baseline1D1W1M3M6M12M
Nifty 50
Large-cap anchor
+0.2pp
-1.3pp
+4.7pp
-5.0pp
-11.0pp
+12.6pp
Nifty 500
Broad-market baseline
+0.1pp
-1.3pp
+3.6pp
-6.6pp
-16.8pp
+7.4pp
Sector
Own-sector index
—
—
+0.3pp
-10.8pp
-28.2pp
-20.8pp

From atlas_foundation.technical_daily. Sector row covers 1M–12M (1D/1W not stored).

Trend

Price · EMA 20 / 50 / 200

BEL daily close with the three trend EMAs · atlas_foundation.ohlcv_stock.

₹ (close)
404.00-1.35

Relative strength

RS vs baseline · rebased to 100

BEL ÷ Nifty 500, rebased to 100 at window start — above 100 = outperforming since then.

RS vs Nifty 500 (=100)
145.64+0.13

TradingView composite technical analysis — multi-timeframe consensus

Quarterly financials

Last 8 quarters from the company’s filings (₹ crore) — revenue, profit, margins and the growth trend.

MetricJun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26
Revenue (₹cr)4,2444,6055,7719,1504,4405,7927,15410,224
↳ change QoQ—+8.5%+25.3%+58.6%-51.5%+30.5%+23.5%+42.9%
EBITDA (₹cr)1,1521,5581,8562,8161,2381,7022,1272,982
EBITDA margin27.1%33.8%32.2%30.8%27.9%29.4%29.7%29.2%
PAT (₹cr)7911,0931,3122,1279691,2871,5802,226
↳ change QoQ—+38.1%+20.0%+62.2%-54.4%+32.8%+22.8%+40.9%
Net margin18.6%23.7%22.7%23.3%21.8%22.2%22.1%21.8%
EPS (₹)1.081.501.792.911.331.762.163.04
D/E————————
YoY growth · Mar '26Revenue +11.7% YoYPAT +4.7% YoY

Corporate announcements

Filings to the exchange — capital actions, earnings and governance. Most recent first.

  • 8 Sep '26
    LOWgovernance
    Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 26 Aug '26
    LOWgovernance
    Bagging/Receiving of orders/contracts
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 18 Aug '26
    MEDIUMgovernance
    Appointment
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 13 Aug '26
    MEDIUMgovernance
    Change in Director(s)
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 10 Aug '26
    LOWgovernance
    Bagging/Receiving of orders/contracts
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 5 Aug '26
    LOWgovernance
    General Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 5 Aug '26
    LOWgovernance
    General Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 1 Aug '26
    LOWgovernance
    Change in Management
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 31 Jul '26
    LOWgovernance
    Bagging/Receiving of orders/contracts
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 28 Jul '26
    LOWgovernance
    Analysts/Institutional Investor Meet/Con. Call Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 27 Jul '26
    LOWgovernance
    Analysts/Institutional Investor Meet/Con. Call Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 27 Jul '26
    HIGHearnings
    Outcome of Board Meeting
    ›

    An exchange filing — open the original disclosure on NSE for the full text.

    View original filing on NSE ↗
  • 22 Jul '26
    LOWgovernance
    Analysts/Institutional Investor Meet/Con. Call Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 13 Jul '26
    LOWgovernance
    Bagging/Receiving of orders/contracts
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 1 Jul '26
    MEDIUMgovernance
    Change in Director(s)
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗

…and 5 more.

Ownership

Who holds BEL

Mutual funds holding BEL (10)

FundWeightAUM ₹crGrade
HDFC Flexi Cap Gr0.60%1,10,736
ICICI Pru Balanced Adv Gr0.51%74,555
Kotak Midcap Reg Gr1.88%69,283
Kotak Flexicap Reg Gr5.08%56,119
Nippon India Growth Mid Cap Dir Bns0.76%50,751
Nippon India Growth Md Cp Reg Gr PlGrOpt0.76%50,751
Nippon India Growth Md Cp Reg Gr Bns0.76%50,751
SBI Arbitrage Opportunities Reg Gr1.35%46,803
Mirae Asset Large & Midcap Gr0.80%45,275
Motilal Oswal Midcap Reg Gr1.90%40,036

ETFs holding BEL (10)

ETFWeightGrade
Motilal Oswal Nifty PSE ETF11.22%
Edelweiss Nifty500 Mltcp Mmt Ql 50 ETF4.75%
ANGEL ONE NIFTY TTL MKT MOMT QUAL 50 ETF4.73%
Kotak Nifty200 Quality 30 ETF4.48%
Mirae Asset Nifty India Infrs &LgstcsETF4.25%
Nippon India Nifty India Manufactrng ETF3.25%
DSP Nifty500 Flexicap Quality 30 ETF3.04%
DSP Nifty 50 Equal Weight ETF1.87%
Mirae Asset Nifty 50 Equal Weight ETF1.83%
Motilal Oswal Nifty 50 Equal Weight ETF1.83%
Show company profile (about, sector, employees, IPO)
Native from atlas_foundation — lens journal, technical_daily, ohlcv_stock; TradingView for the live instrument view. ← Back to Defence