Mumbai, October 16 (Udaipur Kiran): Shares of Bharat Electronics Limited (BEL) gained nearly 1% in Wednesday’s trade after the state-owned defense electronics major announced that it had secured additional orders worth ₹592 crore across multiple domains. The stock was trading at ₹411.70, up by ₹3.55 or 0.87%, compared to its previous close of ₹408.15 on the BSE.
The scrip opened at ₹409.10 and touched a high of ₹412.65 and a low of ₹409.10 during the trading session. Around 2,32,103 shares were traded on the counter. The company’s market capitalization currently stands at ₹3,00,797.40 crore.
According to the company’s statement, the new orders include a range of defense and communication systems such as tank subsystems and overhauling, communication equipment, combat management systems, ship data networks, Train Collision Avoidance System (Kavach), laser dazzlers, jammers, upgrades, spares, and maintenance services.
Earlier, BEL had announced additional orders worth ₹1,092 crore, taking its cumulative new orders to over ₹1,684 crore in recent months. These consistent order inflows reinforce the company’s strong execution capabilities and leadership in India’s defense electronics sector.
The promoters hold 51.14% of the company’s equity, while institutions and non-institutions own 39.16% and 9.70%, respectively.
Bharat Electronics Limited (BEL) is a Navratna public sector enterprise under the Ministry of Defence, Government of India. It is a leading multi-product, multi-technology company offering solutions across military communication, radars, naval systems, C4I systems, electronic warfare, electro-optics, homeland security, and solar photovoltaic systems.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
