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Goldman Sachs Predicts BEL to Achieve ₹27,000 Crore FY26 Order Guidance, Sets ₹470 Stock Target
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BEL to hit ₹27,000 crore FY26 order target; Goldman Sachs sets ₹470 price target
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CNBC TV18
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18-03-2026, 08:15
BEL to hit ₹27,000 crore FY26 order target; Goldman Sachs sets ₹470 price target
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Goldman Sachs maintains 'Buy' rating on Bharat Electronics Ltd. (BEL) with a price target of ₹470, implying a 7% upside.
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BEL secured new orders worth ₹1,010 crore for various defence and technology systems, bringing FY26 order inflow to ₹21,620 crore.
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The company is expected to meet its FY26 guidance of ₹27,000 crore, with large orders like NGC, Shatrughat, and LRU anticipated in Q4 FY26.
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27 out of 32 analysts recommend 'Buy' for BEL shares.
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BEL shares closed 2.67% higher at ₹440.95 on Tuesday, with a 55% rally over the past 12 months.
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