Bharat Electronics

Among the defence stocks, Paras Defence, Bharat Dynamics, Apollo Micro Systems, BEML, Midhani, Bharat Electronics and Astra Microwave gained between 8% and 10% in Wednesday's intra-day trade.

BEL share price today: Investor sentiment around BEL was buoyed after the Defence Ministry inked a ₹1,950 crore deal for the procurement of two mountain radars and related infrastructure for IAF

A key growth driver for the defence sector remains the robust pipeline of Acceptance of Necessity (AoN) approvals, which typically convert into orders over the next two to three years

The defence ministry on Tuesday inked a Rs 1,950 crore contract with state-run Bharat Electronics Limited for the procurement of two mountain radars and related infrastructure for the Indian Air Force. The installation and commissioning of these radars will boost the country's air defence and strengthen national security, the ministry said, adding the procurement will also reduce the dependency on foreign equipment. "The Ministry of Defence has inked a major capital acquisition contract with Bharat Electronics Limited (BEL) for the procurement of two mountain radars, including associated equipment and required infrastructure for the Indian Air Force, at a cost of around Rs 1,950 crore," an official statement said. This mountain radar is indigenously designed and developed by Electronics and Radar Development Establishment of DRDO (Defence Research and Development Organisation) and will be manufactured by BEL.

Motilal Oswal Financial Services has a 'Buy' rating on Bharat Electronics, Hindustan Aeronautics, Bharat Dynamics, and Astra Microwave Products

The brokerage in its note highlighted that the global defence sector has entered a structurally elevated growth phase, driven by persistent geopolitical conflicts

BEL is a manufacturer and integrator of radars, communication systems, EW suites, and avionics

At 01:58 PM on Thursday, the Nifty CPSE index was the the top gainer among sectoral and thematic indices, up 2.8 per cent, as compared to 0.4 per cent rise in the Nifty 50.

Thus far in the calendar year 2026, BEL has outperformed the market by surging 16%, as compared to 6.6% decline in the BSE Sensex.

Goldman Sachs highlighted three major tailwinds for the sector, including an 18 per cent Y-o-Y increase in capital procurement in the Union defence budget for FY27, and the proposed India-EU FTA

Thus far in the month of February, the Nifty India Defence index slipped 5.5 per cent, as against 1.3 per cent rise in the Nifty 50.

Unimech Aerospace and Manufacturing, Mtar Technologies and Data Patterns rallied in the range of 5 per cent to 6 per cent on the NSE in intra-day trade.

While analysts acknowledge Bharat Electronics' strong operational performance, healthy order inflows, and strategic initiatives, concerns over valuations have led to divergent recommendations

Data Patterns, Bharat Electronics, CG Power and Industrial Solutions, Siemens Energy India and ABB India rallied in the range of 8 per cent to 14 per cent on the BSE in Wednesday's intra-day trade.

Defence Stocks Today: At 11:03 AM on Friday; Nifty India Defence index was up 1.3 per cent, as compared to 0.24 per cent decline in the Nifty 50.

The brokerage highlights a robust export outlook for companies in renewables and T&D, with select EPC and product companies benefiting from international demand.

Only continuous relevance and reinvention can secure a place in the ­­30-stock index

In its winter session, the Defence Acquisition Council (DAC) approved capital acquisition proposals worth ₹79,000 crore, taking total approvals in FY26 year-to-date (Y-T-D) to around ₹3.3 trillion.

Stocks to watch today, December 15, 2025: From Tata Elxsi to Aurobindo Pharma, here is a list of stocks to keep in focus

According to Motilal Oswal, defence electronics continues to see long-term demand for radars, avionics, communication systems and electronic warfare solutions