BEL

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shares have fallen nearly 30% from their 52-week high due to lower-than-expected defence budget allocation, weak industrial growth, and geopolitical pressures. Despite strong financial results in the third quarter, BEL faces multiple challenges. However, the company’s shares tumbled in the last few months because of lower-than-expected defence sector allocation in Budget 2025 and high valuation concerns. In February 2025, BEL stock tumbled 15.86%.