Introduction:
Prominent Navratna Defence PSU has secured additional orders worth ₹561 crore, emphasizing its vital role in bolstering India’s defense modernization. These orders enhance its technological capabilities, contributing significantly to the nation’s defense infrastructure and operational efficiency.
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Share price movement of BEL:
On January 14, 2025, Bharat Electronics Limited (BEL) opened at ₹262.60, up 1.17% from its previous close of ₹259.55. The stock reached a high of ₹265.95 (2.47%) and a low of ₹261.25. By 9:54 AM, it traded at ₹263.35, a 1.46% increase, with a market cap of ₹1,92,503.03 crore.
BEL Secures ₹561 Crore Orders:
Bharat Electronics Limited (BEL), a Navratna Defence PSU, announced additional orders worth ₹561 crore since December 23, 2024. These orders enhance BEL’s portfolio and reaffirm its critical role in India’s defense modernization initiatives.
The secured orders include communication equipment, electro-optics, radar systems, Satcom network upgrades, spares, and related services. These advancements are set to strengthen the country’s defense infrastructure while showcasing BEL’s cutting-edge technological capabilities and manufacturing excellence.
With this achievement, BEL’s cumulative order book for the current financial year has surged to ₹10,362 crore. This milestone highlights BEL’s sustained growth trajectory and underscores its commitment to meeting defense sector demands efficiently.
Recent news on BEL:
As of December 23, 2024, Bharat Electronics Limited (BEL) secured ₹973 crore in new orders, raising its FY25 order book to ₹9,801 crore. These contracts span metro systems, radars, sonar upgrades, and advanced communication equipment.
Stock performance of BEL for Period of 1 week, 6 months and 1 year:
Over the past week, Bharat Electronics Limited’s stock declined by 9.55%, and over six months, it fell 17.2%. However, a strong annual performance shows a remarkable 37.6% growth, reflecting long-term investor confidence.
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Shareholding pattern of BEL:
All values in % | Sep 2024 | Jun 2024 | Mar 2024 |
Promoter | 51.10% | 51.10% | 51.10% |
FII | 17.30% | 17.40% | 17.60% |
DII | 20.20% | 20.60% | 22.60% |
Public | 11.40% | 10.80% | 8.70% |
About BEL:
Bharat Electronics Limited (NSE Symbol: BEL) is a Navratna Defence PSU specializing in advanced electronics for defense and civilian applications. It delivers cutting-edge solutions, including radars, communication systems, sonar, and other mission-critical technologies.
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.