BEL gains after securing Rs 6.33 billion defence order

28 Oct 2025 CW Team

Bharat Electronics Limited (BEL) shares rose in early trade on October 23 after the company announced receiving an order worth Rs 6.33 billion from Cochin Shipyard Limited.

At 9:16 am, BEL was trading at Rs 420.25, up Rs 2.65 or 0.63 per cent on the BSE.

According to the company’s statement, the order is for the supply of items required for various sensors, weapon equipment, fire control systems, and communication systems supplied by BEL.

Just last week, BEL secured orders worth Rs 5.92 billion for tank subsystems, overhauling, communication equipment, combat management systems, ship data networks, the Kavach train collision avoidance system, laser dazzlers, jammers, upgrades, spares, and services.

In September, the company also received additional orders worth Rs 10.92 billion, covering electronic warfare (EW) system upgrades, defence network upgrades, tank subsystems, TR modules, communication equipment, EVMs, and spares.

A board meeting is scheduled for October 31, 2025, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025.

In the previous trading session, BEL closed at Rs 417.60, up Rs 1.10 or 0.26 per cent. The stock touched a 52-week high of Rs 435.95 on 1 July 2025 and a 52-week low of Rs 240.15 on 19 February 2025.

Currently, the stock trades 3.6 per cent below its 52-week high and around 75 per cent above its 52-week low, with a market capitalisation of Rs 3.07 trillion.

Infrastructure Urban

18 Nov 2025

PTC Expands Mehsana Plant To Boost Precision Manufacturing

PTC Industries Limited, a leading producer of high-precision castings and advanced materials for critical applications, has commenced a significant expansion of its investment-casting facility in Mehsana, Gujarat. With global supply chains undergoing a strategic realignment, industries are increasingly shifting production to resilient and trusted destinations. India is emerging as a major hub for precision manufacturing, creating substantial opportunities for industrial casting exports. In response, PTC is scaling and modernising its Mehsana site to capture rising global demand. The expansio..

Apollo Completes Acquisition Of IDL Explosives

Apollo Defence Industries Private Limited, a subsidiary of Apollo Micro Systems Limited, has confirmed the successful completion of its full acquisition of IDL Explosives Limited from GOCL Corporation Limited. With this transaction now concluded, IDL Explosives becomes a step-down subsidiary of Apollo Micro Systems. IDL Explosives operates manufacturing facilities in Rourkela and several other locations across India. Apollo Group plans to expand and strengthen the company’s operations in line with its strategic ambitions within the rapidly growing defence explosives sector. The acquisition..

GOCL Completes Sale Of IDL Explosives To Apollo Defence

GOCL Corporation Limited has announced the completion of the sale of its subsidiary, IDL Explosives Limited, to Apollo Defence Industries, marking the conclusion of the divestment process approved by shareholders earlier this year. IDL Explosives operates manufacturing units in Rourkela and several other locations nationwide. Apollo Defence plans to expand and reinforce the business in line with its strategic objectives within the rapidly growing defence sector. With this divestment, GOCL and the Hinduja Group complete their strategic exit from the explosives and detonators portfolio. Last y..