BEL Share Price: Bharat Electronics Gets Rs 2,323-Crore Orders From Mazagon Dock, Garden Reach
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Last Updated: June 05, 2025, 18:58 IST
Shares of BEL on Thursday rose 1.04% to hit its all-time high of Rs 394.7 apiece.
Bharat Electronics Ltd (BEL), a government-owned defence equipment supplier, on Thursday said it has bagged orders worth Rs 2,323 crore from other PSUs Mazagon Dock Ltd (MDL) and Garden Reach Shipbuilders & Engineers (GRSE). This is the second order in two days for BEL.
The latest order is for supply of base and depot spares for the missile systems on Indian Naval ships.
'Navratna defence public sector undertaking, Bharat Electronics Limited (BEL), has received orders from MDL, Mumbai and GRSE, Kolkata totally valued at Rs 2,323 crore (excluding taxes) for supply of base and depot spares for the missile systems on Indian Naval ships. The spares will ensure operational continuity of onboard mission critical equipment," BEL said in a BSE filing.
On Wednesday, BEL had said it had won additional orders worth Rs 537 crore since its last disclosure on May 16, which pertained to major orders for communication equipment, advanced composite communication system for ship, jammers, software, simulator upgrades, spares, test rigs, services and other utilities.
In the current financial year 2025-26, BEL has won orders more than Rs 6,200 crore, which is already close to 25% of its full-year guidance of Rs 27,000 crore. Bharat Electronics had mentioned that the full-year order inflow could cross Rs 57,000 crore, in case it manages to secure the Quick Reaction Surface To Air Missiles (QRSAM) orders this year.
BEL Share Price At All-Time High
Shares of BEL on Thursday rose 1.04% to hit its all-time high of Rs 394.7 apiece. The stock, however, closed at Rs 393.5 apiece, which was 0.74% higher than the previous close of Rs 390.60. BEL Stock Price.
The stock has surged by 24.85% in the past one month and by 33.9% in the current year since January 1 till June 5. With this, BEL is currently the best-performing stock on the Nifty 50 index in 2025 so far.
In the past one year, Bharat Electronics' shares have jumped 49%.
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Other Major Defence Deal Today
Dassault Aviation and Tata Advanced Systems have signed four Production Transfer Agreements to manufacture the fuselage for Rafale fighter jets in India. This marks a major step forward in defence manufacturing under the 'Make in India' initiative and represents the first time Rafale fuselages will be produced outside France. The collaboration aims to establish a state-of-the-art production line capable of supporting India's defence self-reliance goals. Mohammad Haris
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso... Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso... Read More Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. News business » markets BEL Share Price: Bharat Electronics Gets Rs 2,323-Crore Orders From Mazagon Dock, Garden Reach
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