With the latest announcement of fresh orders worth ₹973 crore, Bharat Electronics Limited (BEL) has increased its entire order book for the fiscal year 2025 to ₹9,801 crore. This news comes after BEL revealed on December 9, 2024, that it had secured more contracts totaling ₹634 crore since November 8, 2024.
BEL’s stock increased by about 1.15% after this statement, closing at ₹294.25 on the Bombay Stock Exchange (BSE). At now, the market valuation of the company is approximately ₹2.15 lakh crore. BEL’s stock has produced remarkable returns over the last 12 months, rising by 68%.
Notwithstanding this encouraging improvement, BEL’s current order intake only amounts to roughly 40% of its FY25 full-year forecast target of ₹25,000 crore. In the second half of the fiscal year, analysts are still hopeful that BEL would be able to gain further orders.
Radars, missile systems, military communications, naval systems, electronic warfare & avionics systems, electro optics, tank electronics, gun system upgrades, and more are all designed, manufactured, and supplied by the multi-product, multi-technology conglomerate BEL.
