BEL Share Price in Focus: Secured ₹1,034 Crore from MoD

On February 21, 2025, BEL share price is focus after the Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL) announced significant business development. BEL signed a contract with the Ministry of Defence for the supply of Software Defined Radios (SDR) and Data Communication Terminals (DCT) for the Indian Coast Guard. The contract value stood at valued at ₹1,034 crore. (excluding taxes)

Benefit of Radios to Indian Coast Guard

These advanced radios will facilitate secure and reliable information exchange, collaboration, and situational awareness through high-speed data and secure voice communication. This will enhance the Indian Coast Guard’s ability to carry out its primary duties, such as maritime law enforcement, search and rescue missions, fisheries protection, and safeguarding the marine environment. Furthermore, these radios will improve interoperability for joint operations with the Indian Navy.

Strengthening Order Book

Apart from the previously mentioned orders, BEL has won additional contracts worth ₹258 crore, which include an earth station for satellite communication, laser range finders, fire control centers, command and control posts, communication equipment for weapon systems, head-up displays, spares, services, and more, since the last update on 08 February 2025. As a result, the total value of orders secured by BEL in the current financial year has reached ₹13,147 crore.

Conclusion

The project represents a strategic move to strengthen the Coast Guard’s operational capabilities and support the Government of India’s Blue Economy goals by enhancing maritime security. In line with the Atmanirbhar Bharat initiative, the contract will boost the country’s manufacturing capacity for advanced military-grade communication systems, create job opportunities, and promote the development of specialised skills.

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