Why is BEL share price in focus on February 18?

Macron’s India visit and reports of progress on the 114 Rafale jets boosted defence sentiment. Investors expect better order visibility for radars, avionics, and communications, areas where BEL is strong. Today, the market will gauge if momentum extends or cools without concrete contracts or timelines.

How could the Rafale deal India narrative impact HAL share price and peers?

Clarity on Make in India production, MRO, and technology transfer can aid HAL operations and the wider supply chain. That can support HAL share price and related vendors. However, timelines are long, so prices may react in bursts to updates rather than trend on steady news flow.

Are defence stocks India overvalued now?

Many defence names trade at rich multiples that price in strong growth, exports, and steady upgrades. Without fresh orders or delivery milestones, pullbacks can occur. Long-term investors can stagger entries and track guidance, conversion of bids to orders, exports, and cash generation to justify valuations.

What are practical trading cues for BEL today?

Watch the opening range, VWAP, and previous day’s high and low. Sustained trade above VWAP with rising volumes can favor continuation. Weakness near resistance or failed breakouts suggests caution. Keep risk per trade small, avoid chasing gaps, and respect stop-loss levels on BEL share price moves.

Global Market Insights

BEL Stock Today, February 18: Defence Rally on Macron Visit, Rafale Talks

ByHuzaifa Zahoor February 18, 2026February 18, 2026

BEL share price is on watch today as French President Emmanuel Macron’s visit and fresh chatter on India’s 114 Rafale jets boosted defence stocks India last week. The Make in India theme, long order cycles, and strong partnerships support sentiment. Yet rich valuations raise the risk of profit taking. We break down what Macron’s trip signals, how peers like HAL may react, and what traders and investors should track on February 18 for follow-through or pullbacks.