Bharat Electronics bags orders worth ₹1,660 crore; shares end in red

The shares closed 0.78% lower on the National Stock Exchange (NSE) at ₹401 apiece.

The Navratna public sector undertaking shares have fallen nearly 10% in March since the war began between the US, Israel, and Iran.

BEL received major orders, including satellite communication networks, electronic warfare systems, communication equipment, avionics, software solutions, munitions, EVM, strategic components, upgrades, spares, services, etc.

Recent developments

Earlier, on March 17, the company had secured additional orders worth ₹1,011 crore, comprising communication equipment, radar warning and jamming system, fire control system, electro optic sight, fire detection & warning system for fighter aircraft, high energy laser, automatic train supervision system, head-up display, software solutions, jammers, shelters, strategic components, upgrades, spares, services, etc.

On 2 March, BEL and SASMOS HET Technologies inked a Memorandum of Understanding (MoU) to strengthen indigenous defence production capabilities.

SASMOS is an aerospace and defence interconnect solutions manufacturer.

Under this MoU, both companies will combine their expertise in defence electronics, system integration, and precision manufacturing to support defence programmes, with a focus on localisation of critical components, enhancing domestic value addition, and strengthening production capabilities and exports.

As of Q3FY26, the company’s order book stood at ₹73,015 crore on January 1. Meanwhile, the company guided for nearly ₹27,000 crore order inflow in FY26.

About BEL

BEL is a multi-product, multi-technology, multi-unit conglomerate with various products in the areas of military communication, radars, naval systems, C4I systems, weapon systems, homeland security, telecom & broadcast systems, electronic warfare, tank electronics, electro-optics, professional electronic components and solar photovoltaic systems.

Bharat Electronics has a total market capitalisation of ₹2.93 lakh crore, as of March 30, 2026, according to data on the NSE.