Bharat Electronics Hits 52-Week High Before Q4 Results: Should You Buy, Hold or Book Profits?
BEL stock hits 52-week high ahead of Q4 results. Explore the earnings preview, Q4 performance, technical levels, and short covering trends to know if BEL is a buy or hold. Introduction: State-run defence electronics giant Bharat Electronics Ltd (BEL) is in the spotlight as its stock hit a fresh 52-week high , driven by strong expectations from the upcoming Q4 FY24 earnings and sustained investor confidence in the Make in India defence narrative . With the broader defence theme gaining traction and PSU stocks attracting fresh institutional interest, all eyes are on BEL’s financial performance and future growth strategy. Q4 FY24 Earnings Preview & Summary: Key Highlights Metric Q4 FY24 (Est.) Q4 FY23 (YoY) Q3 FY24 (QoQ) Revenue ₹7,100-7,400 Cr ₹6,479 Cr (+10-14%) ₹4,162 Cr (+70% QoQ) EBITDA ₹1,900-2,000 Cr ₹1,614 Cr (+20% YoY) ₹893 Cr PAT (Net Profit) ₹1,350-1,450 ...