Belrise Industries hits record high on block deal and defence pact
after close1 source ↓written by the desknot a recommendation
- intraday
- 13%
- block deal
- ₹897 crore
Belrise Industries Limited saw its share price soar to a new all-time high of ₹179.95, up nearly 13% intraday, driven by a ₹897 crore block deal and a strategic partnership with Israel’s Plasan SASA in the defence sector. This surge follows a strong post-IPO performance, effectively doubling the stock price since its listing at ₹90 in May 2025.
The momentum is attracting both momentum traders and long-term investors, reflecting confidence in India’s auto-component sector and the "Make in India" initiative. Immediate market implications suggest heightened interest in BELRISE stock as it capitalizes on these developments.
Not investment advice. For informational purposes only.