BEL share price reached a new all-time high of Rs 257.70 on the NSE:BEL, driven by strong Q4 results and a final dividend announcement.
Year-to-date, BEL shares have appreciated by 39%, and over the past year, the stock has skyrocketed by 139%, highlighting its status as a multi-bagger.
Since January 1, 1999, BEL's share price has surged by 117,081.82%, turning a Rs 10,000 investment into about Rs 1.2 crore today.
BEL's board meeting on May 20, 2024, will review and approve the audited Q4 and full-year financial results, with high market expectations for revenue and EBITDA growth.
In FY24, BEL secured significant orders worth around Rs 35,000 crore, including Electronic Fuzes, Warfare Systems, and Communication Systems for warships.
BEL has a strong track record of delivering dividends, with two interim dividends declared in 2024 totaling Rs 1.4 per share, and a history of 50 dividends since August 2001.
BEL conducted a stock split in 2017, reducing the face value from Rs 10 to Rs 1 per share, and has issued five bonus shares since 2015, enhancing shareholder value.
Since January 1, 1999, BEL's share price has surged by 117,081.82%, turning a Rs 10,000 investment into about Rs 1.2 crore today.
As a leader in the defense sector, BEL continues to attract investor attention with its robust financial foundation, significant order book, and consistent growth potential.
For more details on BEL's impressive growth and future prospects, read my blog!