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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
₹406.2
2026-07-10
VWAP · 1Y anchor
₹417
-2.7% from VWAP
P/E · TTM
49.0×
TTM EPS ₹8.3
52-week range
40%
position low→high
RSI(14)
42
momentum

Own sector index

Defence ↗
Overweight

1M

+3.5%

3M

+12.2%

1Y

+7.2%

Breadth >EMA21

45%

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
6.5
avg conviction decile
Leadership
0/2
active lenses · Tech & Flow
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
TechnicalD338›

The actual numbers

Price vs VWAP (1y)-2.7%
EMA trend stackMixed
Price vs 200-EMA-1.4%
Price vs 50-EMA-3.1%
RSI(14)42
RS vs Nifty 500 · 3M-11.5%
RS vs sector · 3M-20.4%
52-week range40%
Volume vs 30d avg0.70×
Volume vs 60d avg0.72×
ATR(14) · volatility10.3
Bollinger width · vol contraction0.073
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.

ValuationD523›

The actual numbers

P/E (TTM)49.0×
TTM EPS₹8.3
52-week range40%
CatalystD967›

The actual numbers

Order wins · 21 filings+149
Earnings & momentum172
Capital actions9
Governance59

Every filing in the corporate-announcements panel below.

FlowD1060›

The actual numbers

Promoter holding51.1%
Delivery · 30d avg54.5%
Up/down-day asymmetry-1.3pp
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):

( D3 + D10 ) ÷ 2 = 6.5(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 · Watch
40
Conviction score 40/100 · avg-decile strength 6.5/10
Conviction score40/100›
TechnicalD3›
FundamentalD10›
ValuationD5›
CatalystD9›
FlowD10›

Relative strength · always on

Percentage-point spread vs each baseline across six windows. Green = outperforming, red = lagging. Data as of 2026-07-10.

Baseline1D1W1M3M6M12M
Nifty 50
Large-cap anchor
-0.7pp
-1.3pp
-3.7pp
-7.8pp
+3.7pp
+3.7pp
Nifty 500
Broad-market baseline
-1.1pp
-1.3pp
-4.3pp
-11.5pp
-1.3pp
-0.1pp
Sector
Own-sector index
—
—
-4.1pp
-20.4pp
-20.9pp
-9.0pp

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)
406.20-1.40

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)
121.13-1.34

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.

  • 19 Jun '26
    LOWgovernance
    Analysts/Institutional Investor Meet/Con. Call Updates
    ›

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

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

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

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

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

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

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

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

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

    View original filing on NSE ↗
  • 19 May '26
    MEDIUMgovernance
    Appointment
    ›

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

    View original filing on NSE ↗
  • 19 May '26
    MEDIUMcapital
    Dividend
    ›

    A dividend declaration — a cash return to shareholders.

    View original filing on NSE ↗
  • 19 May '26
    HIGHearnings
    Outcome of Board Meeting
    ›

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

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

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

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

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

    View original filing on NSE ↗
  • 30 Apr '26
    LOWgovernance
    Change in Management
    ›

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

    View original filing on NSE ↗
  • 23 Apr '26
    MEDIUMgovernance
    Cessation
    ›

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

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

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

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

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

    View original filing on NSE ↗
  • 1 Apr '26
    LOWgovernance
    Retirement
    ›

    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
Kotak Midcap Reg Gr2.05%67,611
Kotak Flexicap Reg Gr5.42%55,850
Nippon India Growth Mid Cap Dir Bns0.84%49,169
Nippon India Growth Md Cp Reg Gr Bns0.84%49,169
Nippon India Growth Md Cp Reg Gr PlGrOpt0.84%49,169
Motilal Oswal Midcap Reg Gr2.26%36,458
Axis Midcap Gr0.86%32,852
Kotak Large & Midcap Reg Gr3.69%31,263
Axis Large Cap Fund Gr1.14%30,005
HDFC Large and Mid Cap Gr0.72%28,515

ETFs holding BEL (10)

ETFWeightGrade
Motilal Oswal Nifty PSE ETF11.68%
Kotak Nifty200 Quality 30 ETF5.01%
Edelweiss Nifty500 Mltcp Mmt Ql 50 ETF4.96%
ANGEL ONE NIFTY TTL MKT MOMT QUAL 50 ETF4.74%
Mirae Asset Nifty India Infrs &LgstcsETF4.52%
Nippon India Nifty India Manufactrng ETF3.55%
DSP Nifty500 Flexicap Quality 30 ETF3.14%
Mirae Asset Nifty 50 Equal Weight ETF1.84%
Motilal Oswal Nifty 50 Equal Weight ETF1.84%
DSP Nifty 50 Equal Weight ETF1.84%
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