Belrise Industries shares surge on block deal and defence pact
pre-market1 source ↓written by the desknot a recommendation
- and a strategic
- ₹897 crore block deal
Belrise Industries Limited's share price reached a record high of ₹179.95 on 23 Dec 2025, driven by a ₹897 crore block deal and a strategic partnership with Israel's Plasan SASA. The stock has nearly doubled since its IPO price of ₹90, attracting momentum traders amid India's auto-component and defence localisation themes. 📈
• Block deal involved 5.83 crore shares
• Stock up ~13% intraday
• Strong post-IPO performance continues
Not investment advice. For informational purposes only.