BEL - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 4.3
| Stock Code | BEL | Market Cap | 3,12,274 Cr. | Current Price | 427 ₹ | High / Low | 473 ₹ |
| Stock P/E | 51.6 | Book Value | 32.4 ₹ | Dividend Yield | 0.56 % | ROCE | 37.1 % |
| ROE | 27.9 % | Face Value | 1.00 ₹ | DMA 50 | 422 ₹ | DMA 200 | 412 ₹ |
| Chg in FII Hold | 1.00 % | Chg in DII Hold | -0.47 % | PAT Qtr | 2,203 Cr. | PAT Prev Qtr | 1,590 Cr. |
| RSI | 57.7 | MACD | -1.52 | Volume | 1,15,01,704 | Avg Vol 1Wk | 1,79,43,164 |
| Low price | 361 ₹ | High price | 473 ₹ | PEG Ratio | 1.96 | Debt to equity | 0.00 |
| 52w Index | 58.8 % | Qtr Profit Var | 4.67 % | EPS | 8.27 ₹ | Industry PE | 63.4 |
BEL shows strong fundamentals with excellent ROCE (37.1%) and ROE (27.9%), zero debt, and consistent profit growth. Technical indicators are neutral — RSI at 57.7 is healthy, while MACD (-1.52) suggests mild consolidation. The valuation is slightly high with a P/E of 51.6 compared to the industry average of 63.4, but the PEG ratio of 1.96 indicates fair growth-adjusted pricing. Overall, BEL is a good candidate for swing trading with strong support levels.
Optimal Entry Price: 415–420 ₹ (near DMA 200 support)
Exit Strategy: If already holding, consider exiting near 460–470 ₹ resistance or if RSI approaches 70.
✅ Positive
- 📈 Strong ROCE of 37.1% and ROE of 27.9%.
- 💰 Zero debt-to-equity ratio ensures financial stability.
- 📊 PAT growth from 1,590 Cr. to 2,203 Cr. in the latest quarter.
- 📉 Support near DMA 200 at 412 ₹ provides a strong entry zone.
⚠️ Limitation
- 📌 Elevated P/E ratio of 51.6, though below industry average.
- 📌 MACD (-1.52) indicates mild bearish momentum.
- 📌 DII holding decreased (-0.47%).
📰 Company Negative News
- 📉 Slight reduction in DII holding.
- 📉 Trading volume lower than weekly average, suggesting reduced short-term interest.
🌟 Company Positive News
- 📈 Increase in FII holding (+1.00%).
- 📈 Strong quarterly profit growth.
- 📈 Consistent dividend payout with yield of 0.56%.
🏭 Industry
- ⚔️ Defense electronics sector benefits from government contracts and modernization programs.
- 📌 Industry P/E at 63.4, showing BEL is moderately valued compared to peers.
📌 Conclusion
BEL is a fundamentally strong company with robust profitability and zero debt, making it attractive for swing trading. Entry near 415–420 ₹ offers favorable risk-reward, while exit near 460–470 ₹ is optimal. Traders should monitor MACD and RSI for confirmation of momentum shifts.