Bharat Electronics Ltd (BEL) – Sector: Defense/Technology Breakout Trigger:

witnessed a price breakout after a ₹5,200 crore defense contract and approval for exports to Southeast Asia. Long-Term Opportunity: BEL benefits from the ‘Make in India’ initiative in defense, indigenous manufacturing push, and rising defense budgets. Learning Point: Defense PSUs with R&D capabilities and strong order books offer long-term visibility.