BEL gains after securing Rs 6.33 billion defence order
DEFENSE

BEL gains after securing Rs 6.33 billion defence order

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.

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.

Related Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code