Belrise Industries hits record high on block deal and defence pact
pre-market1 source ↓written by the desknot a recommendation
- 13% intraday
- and a strategic
- ₹897 crore block deal
Belrise Industries Limited's share price surged to a record high of ₹179.95, up 13% intraday, following a ₹897 crore block deal and a strategic collaboration with Israel's Plasan SASA. This rally marks a significant milestone since its IPO in May 2025, effectively doubling its initial listing price of ₹90.
The stock's momentum reflects growing investor interest in India's auto-component sector and defence localization efforts, positioning Belrise as a key player in these markets.
Not investment advice. For informational purposes only.