BEL - A Breakout Opportunity

Apr 7, 2022

BEL

Bharat Electronics Limited is engaged in design, manufacture and supply of electronics products/systems for defense as well as for nondefense markets. The Company's principal products include weapon systems, radar and fire control systems etc.

• TTM EPS: 10.72
  
• TTM PE: 21.86
  
• Sector PE: 30.84
  
• Book Value Per Share: 45.45
  
• P/B: 5.16
  
• Face Value: 1
  
• Mkt Cap (Rs. Cr.): 57,101
  
• Dividend Yield: 1.71
  

Some Positives:

• Rising Net Cash Flow and Cash from Operating activity
  
• Company with high TTM EPS Growth
  
• New 52 Week High
  
• Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
  
• Company with No Debt
  
• Increasing Revenue every quarter for the past 2 quarters
  
• Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
  
• Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
  
• Book Value per share Improving for last 2 years
  
• Company with Zero Promoter Pledge
  
• FII / FPI or Institutions increasing their shareholding
  
• Strong Momentum: Price above short, medium and long term moving averages
  

Some Negatives:

• Companies with growing costs YoY for long term projects
  
• MFs decreased their shareholding last quarter
  
• Inefficient use of assets to generate profits - ROA declining in the last 2 years
  
• Decline in Net Profit with falling Profit Margin (QoQ)
  

NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks

Apr 8, 2022

Trade active

08/04/2022: CMP 240

Apr 12, 2022

Trade active

11/04/2022: CMP 244

Apr 23, 2022

Trade active

23/04/2022: CMP 251. High Made 260.

Sep 4, 2022

Trade active

04/09/2022: CMP 324.55. Making new highs everyday.

Sep 7, 2023

Trade active

ALL time high. CMP 140 post split.