Mumbai, October 16 (Daily Kiran): Shares of Bharat Electronics Limited (BEL) moved higher in Thursday’s trade after the state-run defense major announced that it has bagged additional orders worth ₹592 crore across multiple strategic segments.
The stock was trading at ₹411.70, up ₹3.55 or 0.87%, from its previous close of ₹408.15 on the BSE. The scrip opened at ₹409.10 and hit an intraday high of ₹412.65 and a low of ₹409.10. A total of 2,32,103 shares changed hands during the session. BEL’s market capitalization currently stands at ₹3,00,797.40 crore.
The BSE Group ‘A’ stock, with a face value of ₹1, has recorded a 52-week high of ₹435.95 (July 1, 2025) and a low of ₹240.15 (February 19, 2025). The promoter shareholding in the company is 51.14%, while institutions and non-institutions hold 39.16% and 9.70%, respectively.
BEL stated that the new ₹592 crore order includes supplies for tank subsystems and overhauling, communication equipment, combat management systems, ship data networks, train collision avoidance system (Kavach), laser dazzlers, jammers, upgrades, spares, and technical services.
This comes on top of the ₹1,092 crore worth of additional orders the company received earlier this fiscal, reflecting its strong execution pipeline and robust order inflows from both defense and civilian sectors.
Bharat Electronics Limited (BEL), a Navratna PSU under the Ministry of Defence, is a leading defense electronics company in India. It operates across diversified technology domains including military communication, radars, naval systems, electronic warfare, homeland security, and solar photovoltaic systems.
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