BEL receives order worth Rs 8060 Crores from Triton EV towards Supply of Li-Ion Battery Pack to be supplied within 24 months.

BEL no longer is a stand alone Defence PSU, they are diversifying from Defence to Semi conductor to Lithium Ion Battery and Hydrogen Fuel Cell.

Though BEL carries a PSU Tag, but it’s business plans are highly Relevant to the nation…at a time when the Auto Industry is struggling to go Green with introduction of EV and Hydrogen.The industry is struggling with shortage of chips and technological challenges.
While the stock has run up quite a bit , but it has a good runway for growth if it is able to execute it’s plans and there is no Govt intervention.

https://www.youtube.com/embed/P3u0km61wYg

Discl: Invested for long term… It is not an investment advice. Please do your own assessment before investing