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BEL bagged orders worth ₹2,323 crore from defence peers Mazagon Dock & Garden Reach Shipbuilders.
Bharat Electronics Ltd (BEL) builds high-tech electronics for the armed forces, including radars, missile systems, and avionics. It is a key player in India’s push for defence self-reliance.
The deets: this latest order is for the supply of spares to support missile systems onboard Indian Navy ships. These spares will ensure zero downtime for vital equipment so the Navy’s frontline ships stay fully mission-ready at all times.
This is BEL’s second big win in 2 days. Just on Wednesday, the company also signed an MoU with Germany’s Carsten Rehder to potentially build four multi-purpose cargo vessels.
Zoom out: BEL stock has been on a tear as it is up nearly 25% in the past month, 34% so far in 2025, and a stellar 51% in the past year.
