Bharat Electronics surges on securing order worth Rs 2,463 crore from Ministry of Defence

13 Mar 2025 Evaluate

Bharat Electronics is currently trading at Rs. 284.10, up by 7.35 points or 2.66% from its previous closing of Rs. 276.75 on the BSE.

The scrip opened at Rs. 282.45 and has touched a high and low of Rs. 284.20 and Rs. 279.45 respectively. So far 481720 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 340.35 on 10-Jul-2024 and a 52 week low of Rs. 179.20 on 15-Mar-2024.

Last one week high and low of the scrip stood at Rs. 284.70 and Rs. 269.00 respectively. The current market cap of the company is Rs. 206903.29 crore.

The promoters holding in the company stood at 51.14%, while Institutions and Non-Institutions held 38.28% and 10.59% respectively.

Bharat Electronics (BEL) has signed a contract with Ministry of Defence valued at Rs 2,463 crore (excluding taxes) for supply and services of Ashwini Radars. These fully indigenous AESA radars developed jointly by DRDO and BEL have integrated IFF with electronic scanning in azimuth and elevation and are capable of 4D surveillance. These mobile radars with advanced ECCM features are deployable on all terrains and can automatically detect and track aerial targets ranging from fighter aircrafts to slow moving targets.

With this, BEL has now accumulated orders totalling Rs 17,030 crore in the current financial year.

BEL is a multi-product, multi-technology, multi-unit conglomerate with various products in the areas of military communication, radars, naval systems, C4I systems, weapon systems, homeland security, telecom & broadcast systems, electronic warfare, tank electronics, electro-optics, professional electronic components and solar photovoltaic systems.


Bharat Electronics Share Price

297.00 7.05 (2.43%)
20-Mar-2025 16:59 View Price Chart
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