Defence stock jumps 4% after it receives ₹2,210 Cr order for electronic warfare suite from Indian Air ForceDefence stock jumps 4% after it receives ₹2,210 Cr order for electronic warfare suite from Indian Air Force

Introduction:

Leading Defence PSU has secured a ₹2,210 crore contract from the Ministry of Defence to supply advanced electronic warfare suites for Mi-17 V5 helicopters, boosting indigenous defence capabilities and aerial combat survivability.

Also Read: EV stock jumps 4.5% after company targets 400 dealerships by FY26

Share price movement of BEL:

On April 8, 2025, Bharat Electronics Ltd opened at ₹282.85, up 3.55% from its previous close of ₹273.15. The stock hit a high of ₹287.85 and a low of ₹278.20. By 10:37 AM, it traded at ₹278.65, a 2.01% gain, with a market cap of ₹2,03,686.99 crore.

BEL Secures ₹2,210 Cr Defence Order:

Bharat Electronics Ltd (BEL), a Navratna Defence PSU, has signed a ₹2,210 crore contract with the Ministry of Defence to supply electronic warfare suites for Mi-17 V5 helicopters of the Indian Air Force.

The EW suite includes a Radar Warning Receiver (RWR), Missile Approach Warning System (MAWS), and Countermeasure Dispensing System (CMDS). Developed by DRDO’s CASDIC and manufactured by BEL, the system enhances combat survivability with advanced countermeasures.

Recent news on BEL:

As of March 12, 2025, Bharat Electronics Ltd secured a ₹2,463 crore contract from the Ministry of Defence to supply and service fully indigenous Ashwini Radars for the Indian Air Force.

Stock performance of BEL for Period of 1 week, 6 months, and 1 year:

Bharat Electronics Ltd delivered a -6.82% return over the past week. It declined by 5.16% in the past six months. The stock gained 21.7% over the past year.

Also Read: Auto ancillary stock it sets record date for merger; How will shares will you receive?

Shareholding pattern of BEL:

Particulars	Dec 2024	Sep 2024	Jun 2024
Promoter	51.10%	51.10%	51.10%
FII	17.30%	17.30%	17.40%
DII	20.90%	20.20%	20.60%
Public	10.60%	11.40%	10.80%

About BEL:

Bharat Electronics Ltd (NSE: BEL), established in 1954, is a leading defence electronics company in India, primarily catering to the armed forces, with a modest presence in the civilian electronics segment.

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.