Bharat Electronics Ltd (BEL) continued its upward trend, gaining 2% to ₹425.50 after announcing new orders worth ₹792 crore. This follows previous contracts totaling ₹633 crore, highlighting the company’s strong position in the defense sector.
Navratna defence public sector undertaking Bharat Electronics Ltd (BEL) extended its winning streak for the third straight session on Tuesday, November 11, with the stock gaining another 2% to hit the day’s high of ₹425.50 apiece, following a significant order win announced by the company.
The company, on Monday, through a regulatory filing, said it had received additional orders valued at ₹792 crore since its previous announcement on October 30, 2025, when it reported contracts worth ₹633 crore.
While the company did not specify the client, it informed the stock exchanges that the fresh “major orders” cover a wide range of defense-related projects, including network upgrades, radio communication systems, radars, drones, combat management systems, gun sighting equipment, and related spares and services.
This marks BEL’s third consecutive order win. On October 22, the company secured a ₹633 crore order from Cochin Shipyard. The orders cover a wide range of defence and technology solutions, including tank subsystems and overhauling, communication equipment, combat management systems, ship data networks, train collision avoidance systems (Kavach), laser dazzlers, jammers, upgrades, spares, and related services.
Earlier, on September 16, BEL reported additional orders worth ₹712 crore, spanning IT infrastructure, cybersecurity solutions, electronic support measures, blockchain platforms, communication equipment, spares, and services. The company had also disclosed fresh orders of ₹644 crore on September 1.
As of October 31, 2025, BEL’s total orders stood at ₹14,750 crore. The company stated it has a strong pipeline and anticipates orders worth ₹27,000 crore by the end of FY26.
The brokerage said BEL is well-positioned in the defence ecosystem, with diversified revenue streams, strong R&D capabilities, and an expanding presence in both defence and non-defence sectors.
Motilal Oswal also expects the stock to reach ₹490 per share, noting that the Indian Army’s ₹30,000 crore ‘Anant Shastra’ project, where BEL is the lead integrator, strengthens its order book beyond ₹1 trillion and reinforces its leadership in strategic defence programs.
