Alice Blue Home
URL copied to clipboard

Trending News

Navratna Defence stock jumps after it receives order worth ₹962 Cr from Indian Navy

Navratna Defence stock won ₹962 crore orders, including a ₹610 crore naval contract. With ₹11,855 crore in total orders this fiscal, it strengthens its defense electronics presence.
Navratna Defence stock secured ₹962 crore orders, boosting its ₹11,855 crore total this fiscal.
Navratna Defence stock secured ₹962 crore orders, boosting its ₹11,855 crore total this fiscal.

Introduction:

Navratna Defence stock secured orders worth ₹962 crore, including a ₹610 crore contract for an advanced naval fire control system. With total orders reaching ₹11,855 crore this fiscal year, the company strengthens its position in defense electronics and military technology.

Alice Blue Image

Share Price movement of Bharat Electronics:

On February 10, 2025, Bharat Electronics Ltd (BEL) opened at ₹278.90, the stock hit a high of ₹282.20 rising 1.85% from its previous close of ₹277.05 and a low of ₹275.50. Currently, it is trading at ₹277.4 with a market cap of ₹2,02,773.26 crore.

Bharat Electronics receives order worth ₹962 Cr:

Bharat Electronics Limited (BEL) has secured orders worth ₹962 crore, including a ₹610 crore contract for the Electro Optic Fire Control System (EOFCS) for the Indian Navy. The indigenously developed system will be installed on naval platforms for advanced target tracking and engagement.  

Additionally, BEL received orders worth ₹352 crore after its last disclosure on January 28, 2025. These include anti-drone systems, fuzes, integrated fire detection and suppression systems, vessel communication systems, spares, and services, further strengthening its defense capabilities and expanding its order book.  

With these latest contracts, BEL’s total order value for the current financial year has reached ₹11,855 crore. As a Navratna Defence PSU, BEL continues to secure critical defense and naval contracts, reinforcing its leadership in advanced military electronics and defense systems.

Also Read:Readymix Construction Machinery IPO: Check the latest allotment date for Readymix Construction Machinery IPO here

Recent news About Bharat Electronics :

In January 2025, BEL secured a ₹642.17 crore contract from the Indian Ministry of Defence for the procurement of 28 EON-51 systems for 11 New Generation Offshore Patrol Vessels and three Cadet Training Ships.

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

Bharat Electronics’ stock gained 1.06% over the past week, showing modest short-term growth. However, it declined by 5.67% over the last six months, reflecting mid-term weakness. In the past year, the stock delivered a solid 53.4% return, highlighting strong long-term performance.

Also Read:  Water management stock jumps 8% after it receives order ₹3,251 Cr in the Kingdom of Saudi Arabia

Shareholding pattern of Bharat Electronics:

All values in %Dec-24Sep-24Jun-24
Promoters51.1451.1451.14
FII17.3417.2717.43
DII20.9420.2220.62
Retail & others10.5811.3710.82
Alice Blue Image

About Bharat Electronics:

Bharat Electronics Limited (BEL) is a Navratna defense PSU specializing in advanced electronics for military and civilian applications. It designs and manufactures radars, communication systems, avionics, and electro-optic systems, playing a crucial role in enhancing India’s defense and aerospace capabilities.

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.

Loading
Submit the form, and get to know how you scored!!!

Gainers & Losers

Read More News
आज के F&O मार्केट मूवर्स और हाइलाइट्स!

F&O मार्केट आज: टॉप गेनर्स और लूजर्स, OI में उछाल, सबसे सक्रिय कॉन्ट्रैक्ट्स।

आज F&O बाजार में मिली-जुली गतिविधियाँ देखने को मिलीं, जिसमें महत्वपूर्ण कॉन्ट्रैक्ट्स में उल्लेखनीय लाभ और नुकसान हुए। ओपन इंटरेस्ट

*T&C apply