BEL share price rises on ₹2463 Crore defence order for Radar systems from Indian Air Force
- Stock Market Today- Bharat Electronics Ltd (BEL) share price gained in the morning trades on Thursday as it announced receiving ₹2463 Crore defence order for Radar systems from from Indian Air Force
Stock Market Today- Bharat Electronics Ltd (BEL) share price gained in the morning trades on Thursday as it announced receiving ₹2463 Crore defence order for Radar systems from Indian Air Force
BEL on Wednesday post market hours announced the receipt of Rs.2,463 Crore order for Ashwini Radars from Indian Air Force.
BEL order Details
Bharat Electronics Limited (BEL), the Navratna Defence Public Sector Undertaking announced signing 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 as per BEL are 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.
BEL share price Movement
BEL share price opened at ₹282.45 on the BSE on Thursday and opening price of BEL shares was almost 2% higher over the previous days close of ₹276.75. The BEL share price thereafter went to rise to intraday highs of ₹283.50, which translated into gains of almost 2.5%
BEL share price after significant correction from its highs seen in July 2025, however has been rising regularly of late. Though the BEL share price is still down more than 3% year to date as the market have seen significant correction, however it has gained more than 8% in last one month out performing the Nifty -50 Index that is down almost 3%
BEL share price that were trading at sub ₹100 levels in March 2023 levels have risen more than 2 fold now and BEL share price having risen 8.14% in last pone month has given Multibagger returns to the investors
Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
- Top Gainers
- Top Losers
- 52 Week High