Defence stock jumps after receiving orders worth ?577 Cr

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.

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.

Shareholding pattern of BEL:

About BEL:

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

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