BHEL signs DRDO pact for naval vessel technology manufacturingBHEL signs DRDO pact for naval vessel technology manufacturing

Introduction

Leading engineering and defence equipment manufacturer signed a technology transfer agreement with NSTL-DRDO for LM2500 GT-IRSS systems for Indian naval vessels under Make in India.

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Share price movement of BHEL

On April 29, 2026, Bharat Heavy Electricals Ltd opened at ₹356.40, up 0.39% from its previous close of ₹355.00. The stock reached a high of ₹358.00 (0.85%) and a low of ₹349.30 (-1.61%). By 12:09 PM, it traded at ₹349.85, down 1.45%, with a market cap of ₹1,21,802.58 crore.

BHEL Signs DRDO Defence Pact

Bharat Heavy Electricals Limited (BHEL) signed a Licensing Agreement for Transfer of Technology with NSTL-DRDO, Visakhapatnam for LM2500 Gas Turbine Infrared Suppression System used in naval vessels.

The agreement enables BHEL to fabricate, install and commission LM2500 GT-IRSS systems developed by NSTL-DRDO. BHEL said the partnership supports defence diversification and the Government’s Make in India initiative.

Stock performance of BHEL for period of 1 week, 6 months, and 1 year

Bharat Heavy Electricals Ltd delivered a return of 6.32% over one week, 33.6% over six months, and 53.3% over one year.

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Shareholding pattern of BHEL

Particulars	Mar 2026	Dec 2025	Sep 2025
Promoter	58.20%	63.20%	63.20%
FII	7.20%	6.30%	6.20%
DII	24.00%	19.70%	18.60%
Public	10.60%	10.90%	12.00%

About BHEL

Bharat Heavy Electricals Ltd (NSE: BHEL) manufactures power plant equipment and provides engineering, testing, commissioning and servicing solutions across defence, energy, transportation and industrial sectors.

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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.

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