Intentar ORO - Gratis
Strong order book to stand BEL in good stead
Business Standard
|November 23, 2024
Brokerages mostly positive on the stock
A robust margin performance in the September quarter (Q2FY25) led to a 12 per cent rise in the stock of defence major Bharat Electronics (BEL). While the stock has given up most of those gains in the recent market correction, analysts are positive on the company due to its strong order book, new order inflows, and margin trajectory.
The near-term trigger has been the operating performance in Q2FY25. The company's revenue went up by 14.8 per cent to ₹4,605 crore, in line with the estimates. This was driven by a robust order book of ₹74,595 crore and an inflow of ₹7,400 crore during the first half of FY25. Better execution helped the company offset some of the supply chain issues from Israel.
The margin performance exceeded expectations. The company's gross margins at 53.3 per cent improved 450 basis points year on year (Y-o-Y) and 780 basis points on a sequential basis, largely due to an improved product mix.
Esta historia es de la edición November 23, 2024 de Business Standard.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Business Standard
Business Standard
Advance-decline ratio highest since June 2020
A broad based recovery in equities last month pushed the advance-decline ratio (ADR) — a key measure of market breadth — to 1.54 in April, the highest since June 2020.
1 min
May 04, 2026
Business Standard
Pvt banks expect retail credit pickup in FY27
Corporate, MSME lending strong in Q4FY26
2 mins
May 04, 2026
Business Standard
Decline in India competition to help Unilever’s volume growth: CEO
Disruptions in the global supply chain and a surge in packaging costs amid rising crude oil prices have led to a decline in local competition in markets like India, Unilever’s Chief Executive Officer Fernando Fernandez said during an earn-
1 min
May 04, 2026
Business Standard
A high-wire diplomacy month
ARCHIS MOHAN
1 mins
May 04, 2026
Business Standard
Iran sends new proposal to US; Trump warns of strikes
Tehran’s 14-point plan calls for an end to the war and not just an extension of truce
2 mins
May 04, 2026
Business Standard
Sub-par monsoon not necessarily a crisis: Ramesh Chand
With the 2026 southwest monsoon predicted to be below normal, former NITI Aayog member and noted agricultural economist Ramesh Chand says India is better prepared to handle rainfall variability than in the past. In an interaction with Business Standard as part of the “Business Standard Dialogue” webinar series, Chand spoke of monsoon forecasts, agricultural resilience, drought-proofing, and inflation risks. Edited excerpts:
3 mins
May 04, 2026
Business Standard
Time for punters to exit, long-term investors should buy on dips
Those entering now should stagger their investments and have at least a five-year horizon
4 mins
May 04, 2026
Business Standard
Trouble in fertiliser sector amid West Asia crisis
Finance Minister Nirmala Sitharaman recently hinted that the government intended to keep fertiliser prices unchanged despite rising global rates.
1 min
May 04, 2026
Business Standard
GalaxEye puts world-first OptoSAR satellite into orbit
Mission Drishti to capture imagery in all weather conditions, day and night
2 mins
May 04, 2026
Business Standard
WhiteBoard Financial to launch $100 mn urban assets AIF
WhiteBoard Financial Advisors and Management plans to launch its second alternative investment fund (AIF), an urban assets fund with an initial corpus of $100 million and a greenshoe option of another $100 million, as it looks to widen its play beyond residential real estate into new age and alternative asset classes.
1 min
May 04, 2026
Listen
Translate
Change font size