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BEL will meet its FY26 guidance of ₹27,000 crore in orders; Goldman sees stock at ₹470Goldman Sachs expects the company to meet its management guidance of ₹27,000 crore in order inflows for FY26.By Meghna Sen  March 18, 2026, 8:15:45 AM IST (Published)2 Min ReadShares of Bharat Electronics Ltd. (BEL) are expected to remain in focus on Wednesday, March 18, after brokerage firm Goldman Sachs maintained its 'Buy' rating on the stock.

The brokerage has a price target of ₹470 per share, implying a potential upside of nearly 7% from current levels.

The positive stance comes as the company continues to see strong order inflows.

ParameterDetailsBrokerageGoldman SachsRatingBuyPrice Target₹470Upside Potential7%

BEL has secured additional orders worth ₹1,010 crore for a range of defence and technology systems, including communication equipment, radar warning receivers, fire control systems, electro-optic sights, fire detection and warning systems for fighter aircraft, high energy lasers, automatic train supervision systems, head-up displays, and software solutions.

With this, the company's total order inflow for FY26 so far stands at ₹21,620 crore.

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The brokerage said that this figure excludes several large expected orders, including the first tranche of the NGC order worth ₹3,000-4,000 crore, the Shatrughat project worth ₹3,000 crore, and LRU orders for light combat aircraft worth ₹2,400 crore, which are likely to be finalised in the fourth quarter of FY26.

Taking these into account, Goldman Sachs expects the company to meet its management guidance of ₹27,000 crore in order inflows for FY26.

Among 32 analysts tracking the stock, 27 maintain a 'Buy' rating, while two recommend 'Hold' and three have a 'Sell' rating.

Shares of Bharat Electronics Ltd. closed 2.67% higher at ₹440.95 on Tuesday. The stock has rallied nearly 55% over the past 12 months.Continue ReadingNote To ReadersDisclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.TagsBharat ElectronicsBharat Electronics BELshare market today