Alice Blue Home
URL copied to clipboard

Trending News

Defence stock jumps after receiving orders worth ₹577 Cr

Prominent Defence PSU secured ₹577 crore in new orders, including electronic warfare systems and radar upgrades, bringing its total order intake for the financial year to ₹13,724 crore, strengthening its role in defence modernization.
Defence stock surges as company secures massive ₹577 Cr order, boosting investor confidence.
Defence stock surges as company secures massive ₹577 Cr order, boosting investor confidence.

Introduction:

Leading Defence PSU has secured additional orders worth ₹577 crore, including advanced electronic warfare systems, submarine communication solutions, and radar upgrades. With this, total orders for the financial year have reached ₹13,724 crore, reinforcing its role in defence modernization.

Alice Blue Image

Also Read: Aluminum stock jumps 5% after it announces expansion of its business

Share price movement of BEL:

On March 7, 2025, Bharat Electronics Ltd (BEL) opened at ₹276.25, up 1.26% from its previous close of ₹272.80. The stock reached a high of ₹279.65 (2.51%) and a low of ₹274.05. By 10:33 AM, it traded at ₹278.55, a 2.11% increase, with a market cap of ₹2,03,613.89 crore.

BEL Secures ₹577 Crore Orders:

Navratna Defence PSU Bharat Electronics Ltd (BEL) has secured fresh orders worth ₹577 crore, adding to its robust order book. These contracts include advanced airborne electronic warfare systems, composite submarine communication systems, Doppler weather radar, and radar upgrades.

The latest orders further reinforce BEL’s expertise in cutting-edge defence technology and strategic systems. With this addition, the company’s total order intake for the ongoing financial year has reached ₹13,724 crore, highlighting strong business momentum and continued trust from defence and allied sectors.

BEL remains a key player in India’s defence modernization efforts, supplying critical electronic systems to the armed forces and various government agencies. These new contracts strengthen its market position and contribute to the country’s self-reliance in defence technology.

Recent news on BEL:

As of February 10, 2025, Bharat Electronics Ltd (BEL) secured a ₹610 crore contract for the Indian Navy’s Electro Optic Fire Control System, along with additional orders worth ₹352 crore, bringing its total order intake to ₹11,855 crore this financial year.

Stock performance of BEL for Period of 1 week, 6 months, and 1 year:

Bharat Electronics Ltd (BEL) delivered a strong 10.8% return over the past week. While its six-month performance saw a slight decline of 3.76%, the stock has gained 26.8% over the past year, reflecting long-term growth momentum in the defence sector.

Also Read: PSU stock jumps 4% after receiving border ₹50 Cr from Border Security Force

Shareholding pattern of BEL:

ParticularsDec 2024Sep 2024Jun 2024
Promoter51.10%51.10%51.10%
FII17.30%17%17.40%
DII20.90%20.20%20.60%
Public10.60%11.40%10.80%
Alice Blue Image

About BEL:

Bharat Electronics Ltd (NSE: BEL), established in 1954, is a leading defence electronics manufacturer in India. It specializes in radar, weapon systems, communication, and electronic warfare, with 29 strategic business units catering primarily to the defence sector.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

Loading
Submit the form, and get to know how you scored!!!

Gainers & Losers

Read More News
300%+ रिटर्न देने वाले इलेक्ट्रिक उपकरण स्टॉक्स ने मजबूत वृद्धि, उच्च रिवार्ड्स और विस्तार दिखाया।

Electric Equipment Stocks, जिन्होंने 300% से ज्यादा रिटर्न दिया है और निवेशकों के लिए खास नजर रखने लायक हैं।

300% से अधिक रिटर्न देने वाले इलेक्ट्रिक उपकरण स्टॉक्स ने जबरदस्त वृद्धि दिखाई है। बढ़ती मांग, तकनीकी नवाचार और विस्तार

*T&C apply