Shares of Bharat Electronics Ltd (BEL) surged 2.25% to the touch a day’s excessive of Rs 426.35 on eleventh November. This occurred after the corporate introduced on Monday, tenth November, that it had acquired further orders value Rs 792 crore. This was since its earlier disclosure on thirtieth October, when it had reported orders value Rs 633 crore.
Though BEL has not disclosed the title of the consumer, the corporate knowledgeable exchanges that it has acquired main orders for defence community upgrades, radio communication techniques, radars, drones, fight administration techniques, gun sighting techniques, and associated spares and providers.
Earlier, on twenty second October, the PSU had bagged a Rs 633 crore order from Cochin Shipyard. This was for supplying key gadgets for sensors, weapon techniques, hearth management mechanisms, and communication tools. It additional strengthened its place as a number one defence expertise supplier.
As of thirty first October, 2025, BEL’s whole order e book stood at Rs 14,750 crore. The corporate expects to succeed in round Rs 27,000 crore by the top of the monetary yr. That is supported by a robust pipeline of upcoming tasks.
This contains the principle Fast Response Floor-to-Air Missile (QRSAM) order, anticipated by March 2026. Different massive tasks embrace Shatrughat, Samaghat, NGC-related subsystems from shipyards, and an extra LCA order from HAL. Tasks additionally embrace Shakti, GBMES, mountain radar, and HAMMER techniques.
BEL stays on monitor to attain its earlier steering of over 15% income progress. Moreover, it expects greater than 27% EBITDA progress for FY26, in accordance with Chairman and Managing Director Manoj Jain.
The corporate additionally reported a strong efficiency for the quarter ended thirtieth September, 2025. Notably, web revenue rose 18% year-over-year to Rs 1,286 crore. Income for a similar interval grew 26% to Rs 5,764 crore in comparison with Rs 4,583 crore final yr.
At 12:36 PM, shares of BEL had been buying and selling 2.21% increased at Rs 426.05 on NSE.
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