BEL shares surge 2.57% as Defence PSU secures fresh orders worth ₹585 crore 

BL Mumbai Bureau Updated - June 23, 2025 at 11:43 AM.

The orders include fire control systems, communication equipment, and jammers.

Bharat Electronics Limited (BEL) shares rose by 2.57% to ₹418.75, reaching a new 52-week high following the announcement of additional orders worth ₹585 crore. | Photo Credit: MURALI KUMAR K/The Hindu

Bharat Electronics Limited (BEL) shares surged 2.57 per cent to ₹418.75 during Monday’s trading session, hitting a new 52-week high as investors responded positively to the company’s latest order wins. The stock opened at ₹411 and touched an intraday high of ₹418.90, trading significantly above the previous close of ₹408.25.

The Navratna defence public sector undertaking announced on June 20 that it had secured additional orders worth ₹585 crore since its last disclosure on June 5, 2025. The fresh orders encompass fire control and sighting systems for missiles, communication equipment, jammers, spares, and services.

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Trading activity remained robust with 240.37 lakh shares changing hands, generating a turnover of ₹997.92 crore. The deliverable quantity stood at 41.21 per cent of total traded volume, indicating sustained investor interest rather than speculative trading.

BEL’s market capitalisation reached ₹3,06,133.54 crore, while its free float market cap stood at ₹1,49,496.12 crore. The stock has demonstrated strong momentum this year, rising from its 52-week low of ₹240.25 recorded in February 2025.

The company’s consistent order book expansion reflects the government’s focus on defence indigenisation and modernisation. With an annualised volatility of 42.03 per cent, BEL remains a preferred pick among investors betting on India’s defence sector growth trajectory.

Published on June 23, 2025 06:13

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