BEL share price: The northward move in BEL share price came after the company announced that it has secured an order for Ashwini Radars worth Rs 2,463 crore, from the Indian Air Force (IAF)
The rise in the Bharat Electronics share price came after the company announced that it has secured additional orders worth Rs 843 crore
Here's the complete list of stocks to watch next week, along with their corporate actions and key dates, as per BSE data
"Navratna defence public sector undertaking, Bharat Electronics Limited (BEL), has secured additional orders worth Rs 577 crore since the last disclosure on February 20, 2025," the filing read
The rise in the BEL share price came after the company announced that its Board of Directors has declared an interim dividend of Rs 1.50 per equity share for the financial year 2024-25
Bharat Electronics Limited and Safran Electronics & Defense, France have signed a MoU to create a joint venture for manufacturing, customising, sales and maintenance of HAMMER, a precision guided air-to-ground weapon, in India. HAMMER (Highly Agile Modular Munition Extended Range) is a combat-proven weapon system known for its high accuracy and modular design making it adaptable for multiple platforms including the Rafale and LCA Tejas. The Memorandum of Understanding (MoU) was signed by K V Suresh Kumar, Director (Marketing) of BEL, and Alexandre Ziegler, Executive Vice President of Safran Electronics & Defense, in the presence of Manoj Jain, Chairman and Managing Director of BEL, Franck Saudo, CEO of Safran Electronics & Defense at Aero India on Tuesday. "The proposed joint venture between BEL and Safran Electronics & Defense will be a major step toward strengthening India's capabilities in defense manufacturing and achieving self-reliance in advanced weapon systems.
Among the top highlights of Bharat Electronics Q3 performance include a 39% Y-o-Y growth in execution and a 330 bps expansion in Ebitda margin to 28.9 per cent, surpassing analyst expectations
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The rise in the BEL share price came on the back of an additional order win worth Rs 561 crore
On the bourses, BEL and Data Patterns have given solid returns. On a year-to-date (Y-T-D) basis, BEL soared over 59%, while Data Patterns gained 35%
PSU major Bharat Electronics' new contracts platform screen doors for metro rail, radars, communication equipment and more
The uptick in the BEL share price came on the back of an additional order win worth Rs 634 crore
The company has retained its topline growth guidance of 15 per cent in FY25 and expects a 15-17.5 per cent growth in the coming five years, expected to be led by defence, exports, and services
The Nifty has retested resistance at the 24,500 mark after two days of recovery, and sustaining this level could lead to a further rise toward 24,800
BEL share rises on securing additional orders worth Rs 500 crore; details
BEL share price dropped despite the company securing the Ministry of Corporate Affairs (MCA) approval to incorporate 'BEL IAI AeroSystems Private Limited'.
"A correction was needed in defence stocks as they were overvalued after the Interim Budget amid high expectations from the Budget," said Palka Arora Chopra, director of Master Capital Services
BEL has experienced a significant 145 per cent stock rally over the past 12 months, largely driven by a 70 per cent increase in order intake in FY24 compared to management guidance
Shares of rail and defense related companies bounced back in trades on Wednesday; however, charts reveal that several stocks were trading below their key short-term moving averages.
The rise in share price came on the back of an order win worth Rs 3,172 crore from Armoured Vehicles Nigam Limited (AVNL)