BEL Stock Soars on Defence Order Boom – Analysts Eye ₹490 Target
In summary, BEL’s stock is hovering near record levels on October 28 as investors cheer a confluence of positive factors – new defence deals, big government spending plans, and bullish analyst projections. While the stock’s valuation is no longer cheap, the consensus is that BEL’s earnings trajectory and strategic importance justify the optimism. As one analyst put it, India’s defence…