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Centum Electronics stock jumps 7% after signing MoU with BEL for defence electronics sector

News by Aliceblue News Desk

20 Aug 2025

Centum Electronics stock jumps 7% after signing MoU with BEL for defence electronics sector

Introduction

Leading defence electronics player has signed a Memorandum of Understanding with Bharat Electronics Limited to collaborate on advanced technologies, focusing on electronic warfare systems, radar solutions, and secure military communications for the Indian Armed Forces and allied markets.

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Share price movement of Centum Electronics

On August 20, 2025, Centum Electronics Ltd opened at ₹2,670.00, up 0.04% from its previous close of ₹2,668.75. The stock touched a high of ₹2,840.00 (6.42%) and a low of ₹2,660.00. By 12:06 PM, it traded at ₹2,770.00, a 3.79% increase, with a market cap of ₹4,073.88 crore.

Centum Electronics signs MoU with BEL

Centum Electronics Limited has signed a Memorandum of Understanding (MoU) with Bharat Electronics Limited (BEL). BEL is a leading defence PSU under the Ministry of Defence, Government of India.

The agreement aims to strengthen collaboration in defence electronics. The MoU covers key areas such as Electronic Warfare (EW) systems, radar systems, and secure military communication systems.

Both organisations will leverage their design, development, and manufacturing expertise. The focus is on serving the Indian Armed Forces and allied markets.

Ace investor holding in Centum Electronics

Shivani Tejas Trivedi holds a 1.81% stake in Centum Electronics Ltd, owning 266,021 shares valued at ₹73.6 crore.

Stock performance of Centum Electronics for Period of 1 week, 6 months, and 1 year

Centum Electronics Ltd delivered an 8.37% return over the past week. The stock gained 107% in the past six months and recorded a 75.4% rise over the past year.

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Shareholding pattern of Centum Electronics

ParticularsJun 2025Mar 2025Dec 2024
Promoter51.50%51.50%58.80%
FII1.90%0.80%1.00%
DII15.70%15.40%8.10%
Public30.90%32.30%32.20%

About Centum Electronics

Centum Electronics Ltd (NSE: CENTUM), founded in 1993, is a leading ESDM company in India, providing design and manufacturing solutions for mission-critical applications in defence, space, aerospace, industrial, transportation, and medical 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.

FAQs

Q: Why is Centum Electronics Ltd share price going up today?

A: Centum Electronics Ltd shares rose after signing an MoU with Bharat Electronics Limited to collaborate in defence electronics.

Q: What does Centum Electronics Ltd specialize in?

A: Centum Electronics Ltd specializes in Electronics System Design and Manufacturing, serving defence, space, aerospace, industrial, transportation, and medical sectors.

Q: What is the 52-week high and low of Centum Electronics Ltd stock?

A: The 52-week high of Centum Electronics Ltd is ₹2,840.00, while the 52-week low stands at ₹1,140.15.

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