25 Sep 2025 | 3 Mins Read
Bharat Electronics' rally raises valuation concerns
Flipitmoney
Bharat Electronics (BEL), a Nifty 50 index stock, has seen a 37% YTD rally, pushing its market capitalisation to ₹2.95 lakh crore and valuations to 53.60 times price-to-earnings ratio. The defence electronics company has a robust order book of ₹74,859 crore and guided revenue growth of 15-17.5% for FY26, with EBITDA margins expected to be 27%.