BEL shares in the spotlight on bagging orders worth ₹569 crore; stock surges nearly 34% YTD

Shares of Bharat Electronics Ltd (BEL) will be in focus on Tuesday, December 30, after the Navranta public sector undertaking (PSU) bagged additional orders worth ₹569 crore.

In a regulatory filing dated December 29, the defence firm stated that it received major orders for radars, tank overhaul, communication equipment, fire control systems, simulators, antenna stabilization systems, security software, components, upgrades, spares, services and more.

In a separate filing on December 12, the company said that it secured additional orders worth ₹776 crore.

The contract included orders for radars, tank overhaul, communication equipment, fire control systems, simulators, antenna stabilization systems, security software, components, upgrades, spares, services, etc.

DAC clears acquisition proposal worth ₹79,000 crore

On Monday, the Defence Acquisition Council (DAC), in a meeting chaired by Defence Minister Rajnath Singh, cleared capital acquisition proposals worth about ₹79,000 crore to boost the operational capabilities of the armed forces.

The Council accorded “acceptance of necessity”, the first formal step in India’s defence procurement process, for a range of weapons, platforms and systems for the army, navy and air force at a meeting held on December 29, the defence ministry said.

BEL stock performance

Shares of BEL closed 1.23% lower at ₹393.55 per unit on the National Stock Exchange (NSE) on Monday. However, the order acquisition announcement came in after the market closed.

The stock has lost over 1% in the past week and more than 4% over the month. On a year-to-date basis, however, it has surged approximately 34%.

While the scrip hit a 52-week high of ₹436 on July 1, 2025, it touched a year’s low of ₹240.25 per equity share on February 19, 2025.

Q2 results

The defence firm reported an 18% year-on-year (YoY) increase in its net profit to ₹1,286 crore for the second quarter of FY26, compared to ₹1,091 crore in the year-ago period.

Its revenue from operations advanced 6% annually to ₹5,764 crore during the quarter under review, as against ₹4,583 crore in the September quarter of FY25.

BEL has a total market capitalisation of ₹2.88 lakh crore, as of December 29, 2025, according to data on the NSE.