Bharat Electronics Ltd (BEL) saw its share price edge higher on Dec 30 after the company announced fresh defence orders worth about Rs 569 crore.
What the new orders include
The contracts cover a range of equipment such as radars, tank overhaul kits, communication gear, fire‑control systems, simulators, antenna stabilisers, security software and various spare parts and services.
Recent order wins
Earlier in the month, BEL reported:
- Rs 776 crore of orders on Dec 12, including counter‑drone systems, software‑defined radios, anti‑drone gear and medical electronics.
- Rs 871 crore in November for fire‑control systems, thermal imagers and ground‑support equipment.
- Rs 792 crore in November for defence network upgrades, radars, drones and combat‑management systems.
Share price reaction
At 09:17 am, the stock was trading at Rs 396.35, up Rs 2.95 (about 0.75%). The previous close was Rs 393.40, a drop of 1.26%.
The stock is currently about 9.8% below its 52‑week high of Rs 435.95 (reached on July 1, 2025) and 63.8% above its 52‑week low of Rs 240.15 (recorded on Feb 19, 2025).
Company size
BEL’s market capitalisation stands around Rs 287,566.70 crore, reflecting its large role in India’s defence sector.
Why it matters
The fresh order book strengthens BEL’s revenue outlook and may support the stock’s upside in the near term. Retail investors keeping an eye on defence‑linked stocks might view this as a positive signal.
Remember, this is just an overview, not a prediction. Do your own research before making any investment decisions.