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.

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