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Auto ancillary stock jumps after company to enter defence, space and aerospace sector

News by Aliceblue News Desk

12 Aug 2025

Auto ancillary stock jumps after company to enter defence, space and aerospace sector

Introduction

Leading auto ancillary firm has approved the incorporation of a wholly-owned subsidiary focused on defence, space, and aerospace sectors. This move aims to expand its technology and engineering capabilities in these high-growth industries.

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Share price movement of Belrise Industries

On August 12, 2025, Belrise Industries Ltd opened at ₹136.15, up 2.35% from its previous close of ₹133.15. The stock reached a high of ₹138.00 and a low of ₹133.55. By 9:39 AM, it traded at ₹134.55, a 1.05% increase, with a market cap of ₹11,973.32 crore.

Belrise Industries Forms Wholly-Owned Defence Subsidiary

Belrise Industries Limited announced the approval for incorporation of a wholly-owned subsidiary (WOS) in India. The decision was made at the Board meeting held on August 11, 2025. The subsidiary will focus on defence, space, and aerospace sectors.

The new WOS will have an authorized and paid-up share capital of Rs. 15 lakh. The company will hold 100% ownership through cash subscription. Incorporation is subject to approvals from the Ministry of Corporate Affairs and other authorities.

The WOS will engage in engineering and technology services related to mechanical, optical, electrical, electronic, and software fields. This business aligns with Belrise’s main operations and will support growth in allied defence and aerospace industries.

Stock performance of Belrise Industries for Period of 1 week and 1 month

Belrise Industries Ltd declined 2.24% over the past week but gained 11.8% in the last month.

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Shareholding pattern of Belrise Industries

ParticularsJun 2025May 26, 2025
Promoter73.00%73.00%
FII6.80%5.40%
DII7.10%8.10%
Public13%13.60%

About Belrise Industries

Belrise Industries Ltd (NSE: BELRISE), established in 1988, manufactures automotive sheet metal, castings, polymer components, and safety systems for 2-wheelers to commercial vehicles, serving India and international markets like the UK and Japan.

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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.

FAQs

Q: Why is Belrise Industries Ltd share price going up today?

A:The share price rose due to the company’s plan to enter defence, space, and aerospace sectors.

Q: How much stake do promoters hold in Belrise Industries Ltd stock?

A:Promoters hold a 73.00% stake in Belrise Industries Ltd.

Q: What is the 52-week high and low of Belrise Industries Ltd stock?

A:The 52-week high is ₹145.15, and the low is ₹89.20.

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