Bharat Electronics Limited (BEL) was trading at ₹286.20, reflecting a 1.35% increase (₹3.80) at 11:25 AM on the NSE from its previous close of ₹282.40. The stock opened at ₹283.00 and touched an intraday high of ₹286.80, while the lowest point recorded was ₹282.60.
Bharat Electronics Limited (BEL), a leading Defence Public Sector Undertaking (DPSU), has announced a significant contract win worth ₹593.22 crores from the Indian Air Force.
This contract pertains to the provision of maintenance services for the Akash Missile System, which was originally supplied by BEL.
The deal strengthens BEL’s long-term collaboration with the Indian Armed Forces and reinforces its reputation as a key player in India’s defence ecosystem.
The contract with the Indian Air Force marks BEL’s first major order acquisition for the financial year 2025-26. The company’s steady performance in securing defence contracts highlights its critical role in India’s defence sector.
This order will not only bolster BEL’s revenue pipeline but also showcase its expertise in missile system maintenance and advanced defence solutions.
In addition to the confirmed contract, BEL is currently in advanced negotiations with multiple customers for additional orders valued at ₹5,000 crores. These prospective deals reflect the company’s growing order book and strong market position. If finalised, they will further solidify BEL’s standing as a premier supplier of cutting-edge defence technology and systems.
Bharat Electronics Limited’s latest defence order marks a strong start to the financial year, reinforcing its position in the sector. The company’s ability to secure large-scale contracts highlights its strategic importance in India’s defence ecosystem.
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Published on: Apr 3, 2025, 11:32 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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