8 hrs ago
Defense Capex Surge Boosts Bharat Electronics, Data Patterns Stocks
Bharat Electronics (BEL) and Data Patterns are two companies that make important things for defense.
A company called Jefferies thinks their stocks will go up.
BEL's stock has gone up a lot in the last few years, and Jefferies thinks it will go up another 19% in a year.
Data Patterns' stock has also gone up a lot, and Jefferies thinks it will go up 23%.
This is because the government is spending more money on defense, which is good for these companies.
The money spent on defense has gone up a lot, and it's going up even faster than before.
This is good news for these companies and their stocks.
Bharat Electronics (BEL) shares have a target price of Rs 490, with a 19% upside potential.
Data Patterns stock has a target price of Rs 5545, with a 23% upside potential.
Defense capex rose 35% in July 2026 and is up 41% YoY YTD.
Defense capex growth is tracking ahead of FY27 budgeted estimates.
26% of FY27 budgeted estimates for defense capex have been achieved in 2026.
- Who
- Bharat Electronics (BEL) and Data Patterns
- What
- Stock price targets and defense capex growth
- Where
- India
- When
- July 2026
- Why
- Increased defense spending and positive stock performance
Key facts
- Bharat Electronics (BEL) Target Price
- Rs 490
- Bharat Electronics (BEL) Upside Potential
- 19%
- Data Patterns Target Price
- Rs 5545
- Data Patterns Upside Potential
- 23%
- Defense Capex Growth (July 2026)
- 35%
- Defense Capex Growth (YoY YTD)
- 41%
- FY27 Budgeted Estimates Achieved (2026)
- 26%










