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Defence stock jumps after receiving orders worth ₹843 Cr for radar upgrades, RF seekers, and defense systems

News by Aliceblue News Desk

11 Mar 2025

Defence stock jumps after receiving orders worth ₹843 Cr for radar upgrades, RF seekers, and defense systems

Introduction:

Leading defence PSU has secured additional orders worth ₹843 crore, including RF seekers, vessel and air traffic management systems, radar upgrades, and spares. With this, total orders for the current financial year have reached ₹14,567 crore, strengthening its portfolio.

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Share price movement of BEL:

On March 11, 2025, Bharat Electronics Ltd opened at ₹271.00, down 1.93% from its previous close of ₹272.25. The stock surged to a high of ₹278.55 (2.32%) and a low of ₹269.00. By 11:20 AM, it traded at ₹276.70, a 1.63% increase, with a market cap of ₹2,02,261.58 crore.

BEL Secures Additional Orders Worth ₹843 Crore:

Navratna Defence PSU Bharat Electronics Ltd (BEL) has received fresh orders worth ₹843 crore. These contracts include RF seekers, vessel and air traffic management systems, electro-optic repair facilities, radar upgrades, spares, and services, strengthening BEL’s defense portfolio.

With these latest orders, BEL’s total accumulated order value for the current financial year has reached ₹14,567 crore. The company continues to expand its capabilities across critical defense sectors, reinforcing its position as a key supplier of advanced technology solutions to armed forces.

BEL’s consistent order inflow reflects strong demand for indigenous defense solutions. The company remains focused on technological advancements and strategic collaborations to enhance its product offerings, contributing significantly to India’s self-reliance initiatives in the defense sector.

Recent news on BEL:

As of February 01, 2025, Bharat Electronics Ltd reported a strong Q3FY25 performance, with a 52.5% YoY profit surge to ₹1,311 crore. Execution grew 39%, while EBITDA margin expanded 330 bps to 28.9%, exceeding analyst expectations.

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

Bharat Electronics Ltd delivered a 2.88% gain over the past week, recovering from a six-month decline of 6.64%. Despite short-term fluctuations, the stock maintained a strong 28.1% yearly return, reflecting steady growth and investor confidence.

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Shareholding pattern of BEL:

ParticularsDec 2024Sep 2024Jun 2024
Promoter51%51.10%51.10%
FII17%17%17.40%
DII20.90%20.20%20.60%
Public10.60%11.40%10.80%
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About BEL:

Bharat Electronics Ltd (NSE: BEL), incorporated in 1954, specializes in manufacturing and supplying electronic equipment for the defense sector. The company also has a limited presence in the civilian market, reinforcing its role in India’s strategic electronics industry.

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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