Volume normal Delivery 49.5% · usual 53.8% · 8% below
Past month
▲ 5.5%
Delivery 51.6% · usual 57.4% · 10% below
Past year
▼ 1.9%
Against the Nifty, both to 13-Nov-26
Period
BEL
Nifty
Gap vs Nifty
1 month
▲ 5.5%
+11.1%
−5.7 pts
3 months
▼ 1.2%
+3.1%
−4.3 pts
1 year
▼ 1.9%
−1.7%
−0.3 pts
DeliveryAre people holding BEL or just trading it?
Daily delivery ▲
51.3%
-0.6σ
Weekly delivery ▼
50.6%
-0.9σ
Monthly delivery ▼
55.1%
+1.1σ
Delivery against its own usual level
Period
Delivery
Its usual
Reading
Last session
51.3%
51.6%
1% below · in its usual range
Last 5 sessions
49.5%
53.8%
8% below · in its usual range
Last 21 sessions
51.6%
57.4%
10% below · in its usual range
"Its usual" is the plain average of the sessions just before: 20 for the last session, 21 for the last 5, 63 for the last 21. A delivery fact, not a record of who traded.
Trading activityHow busy was trading in BEL, and how large were the trades?
Session VWAP
₹401.55
Close -0.17% vs VWAP
Avg Trade Size
₹45,159
1.30x vs normal
Turnover
0.73x
vs 20-day avg
No unusual reading in the latest session.
BEFOREwhat has already happened
Who is addingWho has been adding to BEL, and who has been reducing?
SMART MONEY Delivery was 51.3% on 13-Nov-26, against about 55% on a usual day.
Smart Money @ price level and date
Date
Price level
Delivery
Day
29-Sep-26
₹387.75
70.8%
▲
26-Aug-26
₹406.90
67.4%
▼
05-Aug-26
₹390.00
65.8%
▼
03-Aug-26
₹392.15
65.1%
▲
Days when delivery was well above its own 60-day average. A delivery fact, not a record of who traded.
Foreign investors (FII) have been net sellers for 2 straight quarters, while domestic mutual funds (DII) have been net buyers for 2 straight quarters — domestic money stepping in as foreign money steps out.
Promoter51.1%→ flat
FII17.0% ↓1.0%2Q down
DII21.9% ↑0.8%2Q up
Public10.0% ↑0.2%
DII Holders8 →↑1+7new−7exit
Dec'23Sep'26
■ Prom■ FII■ DII■ Pub
FII and DII, year on year
Period
FII
DII
Delta FII + DII
Last 12 months (Sep'25 → Sep'26)
18.1% → 17.0% (−1.1 pts)
20.9% → 21.9% (+1.0 pts)
39.0% → 38.9% (−0.1 pts)
FY26 (Mar'25 → Mar'26)
17.6% → 19.5% (+1.9 pts)
20.9% → 20.0% (−0.9 pts)
38.5% → 39.5% (+1.0 pts)
FY25 (Mar'24 → Mar'25)
17.6% → 17.6% (+0.0 pts)
22.6% → 20.9% (−1.7 pts)
40.2% → 38.5% (−1.7 pts)
FY24 (Mar'23 → Mar'24)
16.4% → 17.6% (+1.2 pts)
25.5% → 22.6% (−2.9 pts)
41.9% → 40.2% (−1.7 pts)
View all 12 quarters
Quarter
FII %
DII %
Dec 2023
17.8
23.4
Mar 2024
17.6
22.6
Jun 2024
17.4
20.6
Sep 2024
17.3
20.2
Dec 2024
17.3
20.9
Mar 2025
17.6
20.9
Jun 2025
18.6
20.6
Sep 2025
18.1
20.9
Dec 2025
18.5
20.5
Mar 2026
19.5
20.0
Jun 2026
18.0
21.0
Sep 2026
17.0
21.9
Domestic Institutional Holders Jun 2026 → Sep 20268 inst.
Total holders8 (+0)
Increasing stake↑ 1
New entrants+ 7
Full exits− 7
Promoter pledge: none (14-Oct-2026).
Recent block deals
24 Jun to 11 Jul 2026(the exact day is not stored)
1 block buy, 1 block sell · THE MTBJ LTD. AS TRST FOR GOVRNMNT PENSION INVSTMNT FUND MTBJ400045828
AHEADlevels that matter, not forecasts
Price levelsAt what prices have buyers and sellers shown up before?
✓Index-wide FII flow BULLISH — foreign institutions net buying (+47,093 Cr 5d net): macro tailwind — Bharat Electronics Ltd's own FII shareholding is trending down, a separate signal from the index-wide flow above.
✓Debt/Equity 0.0x — clean balance sheet; no debt overhang
✓Debt stable/falling with profit stable/growing (3yr trend) — no re-leveraging pattern
✓Operating margin expanding +5.0pp (3yr vs prior 3yr) — within the common range for genuine improvement
🕯 Pattern
✓Fibonacci Support: nearest Fibonacci level is 2.0% below current price (at 393). Price resting just above a Fibonacci retracement is a common support level in a continuing trend — institutions watch these levels.
✗Volume Profile Resistance: High-Volume Node within 3% above current price. Traders who bought at this high-volume zone and are underwater will use any rally into it as a breakeven-exit opportunity — creating a structural ceiling until volume absorbs the overhang.
— Confirming indicators
〰 Momentum
✗RSI 62.7 — elevated, not yet at bottom territory
✗MFI 86 — overbought, not near bottom
✗Stochastic 91 — overbought; momentum not at bottom
Want to see how the company behind BEL is doing, and its price levels in detail?Look closer ↓
●●○LOOK CLOSERabout 2 minutes
Company health and price tables, terms explained.
Company healthHow are BEL's profit, debt, returns and growth?
Returns and safety
Return on Equity
27%
ROCE
36%
Debt / Equity
0.00x
CFO/EBITDA
17%
Growth and trend
Rev 5yr CAGR
+14%
Profit 5yr CAGR
+24%
Margin 3v3yr
+5.0pp
Debt Trend
-0.00x
Cash-Flow Stage
Shake-out
CFO / CFI / CFF
+ / + / −
Value
Market value
₹278,103 Cr
P/E
43.5x
P/E vs Own 5yr Med
1.12x
P/B Ratio
11.2x
Price and ownership data cannot show problems in a company's accounts or governance, so a stock can look cheap and still be in trouble. Check the filings.
Levels in detailWhich support, resistance and average levels are there?
Key Levels — tested support & resistance
Type
Level
Distance
Tests ⓘ
Strength
Resistance
₹430
+7.2%
1
3.6
Resistance
₹435
+8.5%
0
3.3
Resistance
₹444
+10.7%
1
3.6
Support
₹361
-9.9%
4
5.0
Support
₹355
-11.6%
1
3.2
Support
₹305
-24.0%
1
5.0
ⓘ Tests = approach episodes counted from each zone's own formation date.
A deeper zone formed earlier can have more tests than a shallower zone formed recently — this is expected.
EMA Trend Regime — ribbon & dynamic levels
ImmediateStrong Up
Mid-termDown (weakening)
Long-termDown
EMA
Level
Distance
EMA 10 (immediate)
₹392.7
+2.1%
EMA 21 (immediate/mid)
₹386.7
+3.6%
EMA 63 (mid/long)
₹390.5
+2.7%
EMA 200 (long-term)
₹400.7
+0.0%
LOW CONFIDENCE
Hurst 0.38 (mean-reverting) · ADX 26 (strong trend) — both required above threshold for HIGH confidence
EMA = an average that counts recent prices more.
●●●ANALYST VIEWfor experts
Every indicator and score, in the usual technical terms.
ScoresHow do the engine’s scores read for BEL?
Bottom turn zone
13 / 100
How many signs point to a bottom forming.
Peak turn zone
18 / 100
How many signs point to a top forming.
Institutional quality
35 / 100
How strong big-investor activity looks.
Coil energy
21 / 150
forming
How tightly the price has been compressing.
Momentum
38 / 100
weak · lowest 38% of 147 largecaps
How strongly the price has moved against its peers.
Relative strength vs Nifty 50
−4.0% over the quarter
weakening · 20-day slope falling
How the stock has done against the Nifty 50.
Technical indicatorsWhat do the popular indicators (RSI, MACD, volume) show?
TREND
10-day averageprice is 2.1% above it
₹393
21-day averageprice is 3.6% above it
₹387
63-day averageprice is 2.7% above it
₹390
200-day averageprice is 0.0% above it
₹401
50-day vs 200-day average50-day is below the 200-day (death-cross state), since 08-Jul-26
MACD (12, 26, 9) dailymomentum is stronger than its 9-period average
histogram +4.0
MACD (12, 26, 9) weeklymomentum is stronger than its 9-period average
histogram +0.1
Stochastic (14, 3, 3)high (overbought zone)
91
Williams %R (14)high zone
−12
CCI (20)above +100: stretched up
118
Rate of change (12 days)price is higher than 12 days ago
+8.9%
VOLUME AND FLOW
Money Flow Index (14)high (overbought zone)
86
Chaikin Money Flow (20)more volume on closes near the high
+0.158
On-balance volumevolume has been flowing in on up days
above its 20-day average
Elder Force Index (13)buyers are driving the move
positive
Volume vs 20-day averagequieter than usual
0.7×
VOLATILITY
Average daily range (ATR 14)wider than 50% of the past year's days
2.2% of price
Bollinger bands (20, 2)near the upper band · width 15.3%
%B 85
20-day volatility (yearly rate)how much the price has been swinging
24%
Narrowest range of 7 days (NR7)the last session's range is wider than the narrowest of the last 7
no
Volatility contraction (VCP)no contraction: recent ranges are not unusually even
ratio 1.16
60-day volatility percentile60-day swings wider than 52% of the past year's days
52%
Common settings (RSI 70/30, Stochastic and MFI 80/20). A reading, not a signal. Green dot: supports the bullish side. Red dot: supports the bearish side. Grey: neutral. Amber: stretched high zone. Blue: stretched low zone. Direction follows each indicator’s standard rule.
COMMON QUESTIONSanswers in plain words
BEL share price: closing price on 13-11 and how it has moved
BEL closed at ₹400.85 on 13-11 (−1.0%). Over the week +1.5%, past month +5.5%, past year −1.9%.
BEL 52-week high and low
BEL's 52-week high is ₹473.45 and its 52-week low is ₹354.55. The 13-11 close of ₹400.85 is 38% of the way up that range and 15.3% below the 52-week high.
BEL P/E ratio: what is it and how does it compare with its own past?
BEL's P/E is 43.5x on 13-11 (P/B 11.2x), which is 1.12x its own 5-year median of 39x. A P/E on its own does not say what happens next.
BEL shareholding pattern: promoter, FII, DII and public holding
As of the Sep 2026 quarter-end promoters hold 51.1% (unchanged) of BEL, FIIs 17.0% (−1.0 points), DIIs 21.9% (+0.8 points) and the public 10.0%. Promoter pledge: none (14-Oct-2026).
BEL support and resistance levels
Nearest resistance zone: ₹425.26–₹429.90 (6.1% above the 13-11 close, tested 1× before). Nearest support zone: ₹361.20–₹365.15 (8.9% below the 13-11 close, tested 4× before). These are prices where the stock has stalled or turned before, not forecasts.
Should I buy BEL? What the data shows
Zonters does not give buy or sell recommendations, price targets, or personal advice. The facts on 13-11: BEL is 38% of the way up its 52-week range and 15.3% below its 10-year high; P/E 1.12x its 5-year median; FIIs cut their holding by 1.0 points last quarter; delivery 51.3% against about 55% normal. For a decision, speak to a SEBI-registered investment adviser.
Why did BEL share price fall on 13-11?
BEL fell 1.0% to ₹400.85 on 13-11, on volume 0.7× its usual, with delivery at 51.3% (about 55% is normal). The Nifty moved −0.6% the same day. Zonters shows what the data did, not news or results.
BEL delivery percentage and heavy-delivery days
BEL's delivery was 51.3% on 13-11, 50.6% over the last complete week and 55.1% over the last complete month, against a 60-day normal of about 55%. Delivery is the share of traded shares taken into investors' accounts instead of being closed out the same day. Heavy-delivery days (date, price, delivery): 29-09-26 ₹387.75 (70.8%); 26-08-26 ₹406.90 (67.4%); 05-08-26 ₹390.00 (65.8%).
BEL vs Nifty 50 and vs its sector
To 13-11: 1 month BEL +5.5% vs Nifty +11.1% (gap 5.7 points behind); 3 months BEL −1.2% vs Nifty +3.1% (gap 4.3 points behind); 1 year BEL −1.9% vs Nifty −1.7% (gap 0.3 points behind).
BEL all-time high and worst fall
BEL is 15.3% below its 10-year high on 13-11. Its worst fall of 10% or more in the 10 years of data (since 12-08-16) was 70% from 12-09-17 to 24-03-20, back at the old high on 03-09-21 (17 months after the low).
FACT SHEET — exact values from the Zonters engine; all prices are last closes
Stock:Bharat Electronics Ltd (BEL)
Data as of (last trading session):13-11-2026
Price (last close):closed at ₹400.85 on 13-11 (-1.0% on the previous close)
Change:last session (13-11) -1.0% · this week +1.5% · past month +5.5%
52-week range:₹354.55 to ₹473.45
Position in 52-week range:38% (in the middle; 0% = the low, 100% = the high)
Returns:YTD +0.3% · 1Y -1.9% · 3Y +192.5% · 5Y +508.1% · From 10-yr high -15.3%
Delivery:51.3% on 13-11, against about 55% on a usual day (average of the 60 days before)
Fibonacci levels:base low ₹354.55, swing high ₹404.50; 38.2% ₹385.42, 50% ₹379.52, 61.8% ₹373.63. Price is above the 38.2% level: a shallow pullback of the swing.