$BEL : Mutual Funds Ramp Up Bets on Defence Giant Amid National Push
📈 Mutual funds are clearly bullish on $BEL , with the number of schemes holding the stock soaring from 140 in June to 440 by July. 💰 This surge reflects growing domestic confidence, as cumulative holdings now stand at a robust ₹34,500 Crore. 🔑 The backdrop? India’s intensified focus on defence spending and self-reliance, which positions BEL to capture significant opportunities ahead. 🚦 However, sustaining consistent order wins and maintaining margin discipline will be critical for the stock to justify its recent re-rating. 🔍 With India’s defence sector evolving rapidly, will $BEL continue to lead the charge? What’s your take on its growth trajectory?
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