Belrise Industries hits record high on block deal and defence pact
after close1 source ↓written by the desknot a recommendation
- and a strategic
- ₹897 crore block deal
- This marks
- 13% intraday jump
Belrise Industries Limited's share price surged to a record high of ₹179.95 on 23 Dec 2025, driven by a ₹897 crore block deal and a strategic collaboration with Israel’s Plasan SASA. This marks a 13% intraday jump, reflecting strong investor interest amid the ongoing auto-component upcycle and defence localisation initiatives in India.
The stock, which listed at ₹90 in May 2025, has effectively doubled since its IPO, attracting attention from both momentum traders and long-term investors. Immediate market sentiment remains bullish as the company capitalizes on these developments.
Not investment advice. For informational purposes only.