BEL's strong Q3, promising outlook lead brokerages to issue 'Buy' call

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BEL's strong Q3, promising outlook lead brokerages to issue 'Buy' call - Business Standard

Quick Summary:

Among the top highlights of Bharat Electronics Q3 performance include a 39% Y-o-Y growth in execution and a 330 bps expansion in Ebitda margin to 28.

Overall, BEL’s revenue surged 39 per cent Y-o-Y to Rs 5,770.7 crore in Q3FY25, up from Rs 4,162.2 crore in Q3FY24.

Lastly, BEL's solid performance, strong execution, and healthy order book have boosted positive sentiment from analysts, making the company a top pick in the sector for many brokerage firms.