BEL Share: Share of Navratna company fell by 5%, the company has given important information

Shares of government defense company Bharat Electronics Limited (BEL) were seen trading with a weakness of more than 5% on Wednesday. The reason behind the fall in shares is a recent update from the company. This government-owned defense company has said that its order inflow guidance for the financial year 2025 could not be met.

On April 1, BEL said it had achieved a turnover of around Rs 23,000 crore, up 16% over the previous year but below the company's guidance of Rs 25,000 crore. In Wednesday's trade, the stock was seen trading at Rs 274.45 per share. The 52-week high of this stock is Rs 340.5 and the lowest level is Rs 212.6 per share. The market capitalization of this stock is Rs 2.02 lakh crore. How much growth in the annual turnover of the company The company said in the exchange filing that the Navratna PSU company has achieved a turnover of around Rs 23,000 crore during the financial year 2024-25, which is 16% more than the 19,820 crore of the previous financial year. This includes export sales of about $ 106 million. In its previous business year, it had an export turnover of $ 92.98 million. In this way, there is a growth of 14% on a yearly basis. Also read:  Gold News: Is 'fear' the real reason for the rise in gold - what is going to happen now During this, BEL Chairman and Managing Director, Manoj Jain said that the company tries to achieve self-reliance through indigenization efforts, expansion and modernization, outsourcing to Indian industry including MSMEs and startups. BEL is working on increasing its global reach in the international market in the coming year. 

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