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BEL

Bharat Electronics Limited · NSE · INE263A01024 · F&O · lot 1,425 · 272 sessions on record
₹383.10▼ −5.20 · −1.3%from ₹388.30 the session before · 1 Oct 2026 close · NSE end of day
Open
₹385.20
High
₹386.15
Low
₹378.65
Day's range
₹7.51.9% of the previous close
VWAP
₹382.28close +0.22% from it
Volume, shares
1.0 cr1.01× the 20-session average
Turnover, ₹ crore
390
Trades
1.4 L75 shares per trade
Previous close
₹388.30−5.20 to the close
Price band, next session
₹344.80 – ₹421.4010% either side of the close · dynamic, widened in 5% steps when hit
Day range59% of the way up
₹378.65₹386.15
52-week range5% of the way up
₹378.65 1 Oct₹473.45 6 Mar

−19% from the high · +1.2% from the low

The desk read · 1 Octexpiry 27 Oct · 26 days
long unwinding
futures read
price −1.3% · OI −0.6%
+0.65
futures premium, ₹
+0.2% to spot ₹383.10
0.79
puts per call, by OI
by volume 0.53
400
max pain
+4.4% from the close
▼ −0.6%
futures OI on the day
−370 lots · 63,000 open

Long unwinding into a 26-day expiry: futures OI −0.6% on a −1.3% day, the most call OI sits at 400, the most put OI at 400, max pain 400.

Futures and options

1 Oct close · lot 1,425 · NSE end of day

BEL futures closed at ₹383.75, +0.2% to spot, with 88% of open interest in the 27 Oct contract, and the 385 straddle prices a move of about ±5.2% by expiry.

Futures by expiryall 3 contracts NSE lists on the stock · basis against the spot close ₹383.10
Futures by expiry, basis against the spot close ₹383.10
ExpiryClose ₹Basis ₹ · %Annualised %OI lots · on the dayShare of OI %Contracts traded
27 Oct26 days₹383.75+0.65+0.2%+2.4%56,000▼ −1.1% · −600 lots885,400
23 Nov53 days₹385.85+2.75+0.7%+4.9%7,300▲ +2.4% · +170 lots12450
29 Dec89 days₹387.90+4.80+1.3%+5.1%89▲ +256.0% · +64 lots0.1492

12% of futures OI sits beyond the 27 Oct contract · 48 of 57 listed contracts traded · 29,000 option contracts changed hands

Options27 Oct expiry · 26 days

The 385 straddle closed at ₹19.90 (call 9.40 + put 10.50), pricing a move of about ±5.2% by the 27 Oct expiry. In the last 253 windows of 19 sessions, BEL moved more than that 98 times.

Call OI, lots
20,0002.8 cr shares
Put OI, lots
16,0002.2 cr shares
Puts per call, by OI
0.79by volume 0.53
Max pain
400+4.4% from the close
Contracts traded
48 of 57listed for this expiry
Open interest by strike, lotstop three strikes each side
Calls
Strike
Puts
2,100
420
4,000
400
2,400
2,700
390
2,100
380
1,500
Open interest added on the day, lotsthree largest additions each side
Calls
Strike
Puts
+250
430
+490
400
+290
380
+480
370
+86
330
+100
Close ₹ · Nifty 50 rebased to the first close · futures open interest by the day's build-up126 sessions to 1 Oct · axis fixed at 4 × ATR-14 around the last close
272 sessions on file · from 28 Aug
BEL close and futures open interest over the last 126 sessions, with Nifty 50 rebased to the first close351.84407.29462.75axis spans 32%Nifty 50BEL1 Apr6 Jul1 OctFutures open interest, lotspeak 90,000126 sessions from 1 Apr to 1 Oct; the price axis spans 32 percent.

The market after the news

close against the last close before each bulletin · Nifty 50 over the same sessions

After the last 8 bulletins, BEL closed higher five sessions later in 0 of 8.

Close after each bulletin on the day, one session later and five sessions later, with Nifty 50 and futures open interest
BulletinDay of the news1 session later5 sessions laterFutures OI on the day
24 SeptBengaluru firm wins bid for army's software-defined radios▼ −1.0%Nifty −1.6% · +0.6 pp▼ −0.6%Nifty −1.3% · +0.7 pp▼ −3.3%Nifty −4.4% · +1.1 pp▼ −0.8%long unwinding
23 SeptBengaluru firm wins army order for 600 SDR units▼ −1.0%Nifty −1.6% · +0.6 pp▼ −0.6%Nifty −1.3% · +0.7 pp▼ −3.3%Nifty −4.4% · +1.1 pp▼ −0.8%long unwinding
19 SeptCLSA sees 35% upside for HAL, BEL, L&T on defence capex▲ +1.3%Nifty +0.3% · +1.0 pp▲ +1.2%Nifty −0.1% · +1.2 pp▼ −2.0%Nifty −2.4% · +0.4 pp▼ −0.4%short covering
18 SeptCLSA sees 35% upside for HAL, BEL, L&T from defence capex▲ +1.3%Nifty +0.3% · +1.0 pp▲ +1.2%Nifty −0.1% · +1.2 pp▼ −2.0%Nifty −2.4% · +0.4 pp▼ −0.4%short covering
17 SeptIndian equity market opens flat after Fed rate hike▼ −0.5%Nifty +0.3% · −0.9 pp▲ +0.8%Nifty +0.6% · +0.1 pp▼ −0.5%Nifty −0.6% · +0.1 pp▼ −1.1%long unwinding
19 AugDefence Acquisition Council plans ₹80,000 crore orders▼ −0.7%Nifty −0.3% · −0.4 pp▼ −0.6%Nifty +0.3% · −0.9 pp▼ −1.2%Nifty +0.2% · −1.5 pp▼ −1.6%long unwinding
18 AugDefence Acquisition Council plans ₹80,000 crore orders▼ −0.7%Nifty −0.3% · −0.4 pp▼ −0.6%Nifty +0.3% · −0.9 pp▼ −1.2%Nifty +0.2% · −1.5 pp▼ −1.6%long unwinding
27 JulQ1 results updates from BEL, Coal India and banks▲ +0.5%Nifty +1.0% · −0.4 pp▼ −4.0%Nifty +0.9% · −4.9 pp▼ −3.2%Nifty +4.2% · −7.4 pp▲ +1.8%long build-up
8 of 24 bulletins

Quarterly results

consolidated · latest filed 27 Jul, 04:38 pm IST · NSE filings

Revenue ₹5,547 cr, +25% on a year earlier; profit ₹1,055 cr, +8.8% in the Jun 2026 quarter, consolidated.

Last 8 quarters, consolidated₹ crore as filed · year on year against the same quarter a year earlier · market: close on the first session after the filing against the last close before it, Nifty 50 over the same session
Quarterly results of BEL on the consolidated basis with the market's move on the first session after each filing
QuarterRevenue ₹ crRevenue YoYProfit ₹ crProfit YoYEPS ₹Market on the day
Jun 2026filed 27 Jul₹5,547 cr▲ +25%₹1,055 cr▲ +8.8%1.44▼ −4.5%Nifty 0.0% · −4.4 pp
Mar 2026filed 19 May · audited₹10,224 cr▲ +12%₹2,226 cr▲ +4.7%3.04▼ −2.3%Nifty +0.2% · −2.5 pp
Dec 2025filed 28 Jan₹7,154 cr▲ +24%₹1,580 cr▲ +20%2.16▼ −1.9%Nifty +0.3% · −2.2 pp
Sept 2025filed 31 Oct₹5,792 cr▲ +26%₹1,287 cr▲ +18%1.76▲ +4.0%Nifty −0.6% · +4.5 pp
Jun 2025filed 28 Jul₹4,440 cr▲ +4.6%₹969 cr▲ +22%1.33▼ −0.3%Nifty +0.6% · −0.8 pp
Mar 2025filed 19 May · audited₹9,150 cr▲ +6.8%₹2,127 cr▲ +18%2.910.0%Nifty −1.1% · +1.1 pp
Dec 2024filed 30 Jan₹5,771 cr▲ +39%₹1,312 cr▲ +52%1.79▲ +5.0%Nifty +1.1% · +3.9 pp
Sept 2024filed 25 Oct₹4,605 cr▲ +15%₹1,093 cr▲ +38%1.50▲ +0.4%Nifty −0.9% · +1.3 pp
By financial yearApril to March · each year the sum of its four quarters as filed, consolidated · EPS summed across the quarters · only complete years
Financial-year results of BEL on the consolidated basis, summed from the quarters filed
YearRevenue ₹ crRevenue YoYProfit ₹ crProfit YoYEPS ₹
FY26to Mar 2026₹27,610 cr▲ +16%₹6,062 cr▲ +14%8.29
FY25to Mar 2025₹23,769 cr▲ +17%₹5,323 cr▲ +34%7.28
FY24to Mar 2024₹20,268 cr—₹3,985 cr—5.45

Fundamentals

consolidated · filings to Jun 2026 · close ₹383.10 on 1 Oct

BEL trades at 46 times trailing earnings against 39 for its industry, 12 times book value, revenue +20% over twelve months, a 1.3% dividend yield, market cap ₹2,80,000 cr.

Valuationarithmetic on filings and the close · each cell names what it rests on · — where an input is missing
Market cap
₹2,80,000 cron 1 Oct · free float ₹1,40,000 cr
Price to earnings
46consolidated · four quarters to Jun 2026 · industry 39
Trailing EPS
₹8.40diluted · consolidated · four quarters to Jun 2026
Price to book
12consolidated · balance sheet to Mar 2026
Book value a share
₹32.84consolidated · balance sheet to Mar 2026 · over NSE's share count
Debt to equity
0.00borrowings over equity · consolidated · balance sheet to Mar 2026
Return on equity
28%trailing profit over average equity · consolidated
Dividend yield
1.3%₹5.00 a share in 365 days
Face value
₹1a share
Shares outstanding
731 cron 1 Oct
Growthsums of the four quarters filed to Jun 2026 · growth against the four quarters before them · consolidated
Revenue, trailing 12 months
₹28,717 crfour quarters to Jun 2026
Revenue growth, 12 months
▲ +20%against the twelve months before
Revenue 2-year CAGR
▲ +17%trailing twelve months against the twelve months 2 years earlier · consolidated
Profit, trailing 12 months
₹6,148 crfour quarters to Jun 2026
Profit growth, 12 months
▲ +12%against the twelve months before
Profit 2-year CAGR
▲ +20%trailing twelve months against the twelve months 2 years earlier · consolidated
PeersBSE sub-group Aerospace & Defense · F&O stocks with filings on record · industry P/E 39, market caps over trailing profit of 3 stocks
Stocks in the BSE sub-group Aerospace & Defense with market cap, price to earnings and price to book
StockMarket cap ₹P/EP/BClose ₹
HALHindustan Aeronautics Limited3,10,000 cron 1 Oct33consolidated7.5₹4,601.00
BELBharat Electronics Limited2,80,000 cron 1 Oct46consolidated12₹383.10
BDLBharat Dynamics Limited40,000 cron 1 Oct77standalone9.4₹1,087.90
GRSEGarden Reach Shipbuilders & Engineers Limited24,000 cron 1 Oct—9.2₹2,111.10
DATAPATTNSData Patterns (India) Limited24,000 cron 1 Oct—14₹4,251.30
AEQUSAequs Limited18,000 cron 1 Oct—12₹275.05
ASTRAMICROAstra Microwave Products Limited15,000 cron 1 Oct—12₹1,624.50
APOLLOApollo Micro Systems Limited15,000 cron 1 Oct—11₹394.00
ZENTECZen Technologies Limited14,000 cron 1 Oct—7.3₹1,576.10
PARASParas Defence and Space Technologies Limited10,000 cron 1 Oct—14₹1,276.00
AXISCADESAXISCADES Technologies Limited9,800 cron 1 Oct—13₹2,307.30
UNIMECHUnimech Aerospace and Manufacturing Limited9,000 cron 1 Oct—12₹1,773.00
MIDHANIMishra Dhatu Nigam Limited8,100 cron 1 Oct—5.3₹433.60
CYIENTDLMCyient DLM Limited7,100 cron 1 Oct—7.0₹893.90
CENTUMCentum Electronics Limited6,900 cron 1 Oct—21₹4,701.70
ROSSTECHRossell Techsys Limited5,700 cron 1 Oct—37₹1,522.30
AVANTELAvantel Limited4,000 cron 1 Oct—12₹150.30
IDEAFORGEIdeaforge Technology Limited3,700 cron 1 Oct—6.1₹735.00
JAYKAYJaykay Enterprises Limited2,600 cron 1 Oct—3.8₹201.45
SIKASika Interplant Systems Limited2,200 cron 1 Oct——₹1,018.20
NIBENIBE Limited1,900 cron 1 Oct—5.4₹1,234.50
DCXINDIADCX Systems Limited1,800 cron 1 Oct—1.2₹159.00
TANAATaneja Aerospace & Aviation Limited830 cron 1 Oct——₹324.15
KAVDEFENCEKavveri Defence & Wireless Technologies Limited430 cron 17 Sept—3.9₹71.65
SIGMAADVSIGMA ADVANCED SYSTEMS LIMITED————

Shareholding

quarter to 30 Jun · none pledged · NSE filings

Promoters hold 51.1%, foreign portfolio investors 18.0%, mutual funds 15.0% and insurance companies 3.6%, as filed for the quarter to 30 Jun.

By category, last 5 quarterspercent of shares · beneath each figure, the change in percentage points against the previous quarter on file
Shareholding of BEL by category over the last 5 quarters with the change against the previous quarter
Category30 Jun31 Mar31 Dec30 Sept30 Jun
Promoters51.140.00 pp51.140.00 pp51.140.00 pp51.140.00 pp51.14
Foreign portfolio investors18.02▼ −1.49 pp19.51▲ +1.00 pp18.51▲ +0.37 pp18.14▼ −0.42 pp18.56
Mutual funds14.99▲ +0.71 pp14.28▼ −0.54 pp14.82▼ −0.30 pp15.12▲ +0.52 pp14.60
Insurance companies3.58▲ +0.10 pp3.480.00 pp3.48▼ −0.34 pp3.82▼ −0.39 pp4.21
Banks and financial institutions2.45▲ +0.21 pp2.24▲ +0.07 pp2.17▲ +0.23 pp1.94▲ +0.15 pp1.79
Individual investors8.99▲ +0.44 pp8.55▼ −0.48 pp9.03▲ +0.08 pp8.95▼ −0.11 pp9.06
Bodies corporate0.49▲ +0.03 pp0.46▼ −0.03 pp0.49▼ −0.05 pp0.54▼ −0.05 pp0.59
Others0.34▼ −0.02 pp0.360.00 pp0.36▲ +0.01 pp0.35▲ +0.30 pp0.05

Corporate actions

NSE and BSE records

Nothing upcoming on record; the last was a dividend of ₹0.55 a share, ex-date 13 Aug 2026.

Actionsex-dates · upcoming first, then the last eight · dividends in rupees a share, bonus and split as ratios
Corporate actions of BEL, upcoming first, then the most recent
Ex-dateActionAmount or ratioRecord dateSource
recent
13 Aug 2026dividend₹0.5513 Aug 2026BSE
6 Mar 2026dividend₹1.956 Mar 2026BSE
14 Aug 2025dividend₹0.9014 Aug 2025BSE
11 Mar 2025dividend₹1.5011 Mar 2025BSE
14 Aug 2024dividend₹0.80—BSE
22 Mar 2024dividend₹0.7023 Mar 2024BSE
9 Feb 2024dividend₹0.7010 Feb 2024BSE
Calendaras notified to the exchange
Next results
—no board meeting notified yet
Dividends in 365 days
₹5.00a share · ex-dates inside the year
Last dividend
₹0.55ex-date 13 Aug 2026

Price history

272 sessions on record · to 1 Oct · NSE end of day

BEL is −5.6% over 20 sessions against Nifty's −6.2%, 19% below its 52-week high, realised volatility 26% annualised.

Returns against Nifty 50longest window first · Nifty 50 over the same sessions
Returns of the stock and Nifty 50 over six windows, longest first
WindowFrom ₹BEL %Nifty 50 %Difference pp
250 sessionssince 26 Sept₹395.89▼ −3.2%▼ −9.1%+5.8
120 sessionssince 9 Apr₹439.74▼ −13%▼ −5.7%−7.2
60 sessionssince 8 Jul₹407.60▼ −6.0%▼ −6.1%+0.10
20 sessionssince 2 Sept₹405.74▼ −5.6%▼ −6.2%+0.66
5 sessionssince 24 Sept₹392.00▼ −2.3%▼ −2.8%+0.51
1 sessionsince 30 Sept₹388.30▼ −1.3%▼ −0.88%−0.46
Averages of the closeclose against each average
5-session average
₹387.64close −1.2% from it
20-session average
₹396.20close −3.3% from it
50-session average
₹400.85close −4.4% from it
200-session average
₹417.87close −8.3% from it
Range and volumetrue range over 14 sessions · high to low over 20 · volume against the 20-session average
Average true range, 14
₹7.82.0% of the close
Average day's range, 20
₹7.01.8% of the close
Volume against 20 sessions
1.01×1.0 cr vs 1.0 cr average
Volatility and co-movement with Nifty 50annualised from daily log returns · counts share one denominator per cell
Realised volatility, 20
26%≈ ±1.6% a session · moved more than that on 4 of 20
Realised volatility, 60
21%≈ ±1.3% a session · moved more than that on 11 of 60
Realised volatility, 250
26%≈ ±1.6% a session · moved more than that on 57 of 250
Beta to Nifty, 60
0.95moved with Nifty on 39 of 60 sessions
Beta to Nifty, 250
0.94moved with Nifty on 166 of 250 sessions
Up and down sessionscloses above and below the previous close
Last 20 sessions
8 up · 12 downof 20
Last 60 sessions
28 up · 32 downof 60
Last 250 sessions
126 up · 122 downof 248
Best session, 250
▲ +8.9%28 Jan
Worst session, 250
▼ −5.3%15 Sept

Bharat Electronics Limited is in 25 NSE indices

all 25 indices

51 bulletins on BEL

latest 24 Sept 2026

Beats in the coverage

Often mentioned with

September 2026

Bengaluru firm wins bid for army's software-defined radiosAlpha Design Technologies has secured the lowest bid for an Indian Army order of 600 software-defined radios worth approximately ₹100 crore. The company, part of the Adani Group, surpassed Bharat Electronics in the bidding process, marking a significant win in defense procurement.High Bengaluru firm wins army order for 600 SDR unitsAlpha Design Technologies secured the lowest bid for an Indian Army order of 600 software-defined radios valued at ₹100 crore. The company, linked to the Adani Group, surpassed Bharat Electronics in the technical evaluation phase, marking a significant win in the defense sector.High CLSA sees 35% upside for HAL, BEL, L&T on defence capexCLSA projects a 35% upside for HAL, BEL, and L&T, driven by ₹2.19 lakh cr defence capex. HAL is expected to benefit significantly, with a target price of ₹5,481 indicating a 16.8% upside.High CLSA sees 35% upside for HAL, BEL, L&T from defence capexCLSA projects up to 35% upside for Hindustan Aeronautics, Bharat Electronics, and Larsen & Toubro due to ₹2.19 lakh cr defence capex. HAL receives an outperform rating with a target price of ₹5,481, suggesting 16.8% upside potential.High Indian equity market opens flat after Fed rate hikeIndian equity markets opened flat with Sensex up 80.3 points to 74,416.7 and Nifty at 23,250.9, reflecting the impact of the US Fed's interest rate hike. Most indices traded positively, except for IT, banking, and media sectors.Medium

August 2026

Defence Acquisition Council plans ₹80,000 crore ordersThe Defence Acquisition Council plans to approve ₹80,000 crore in procurement orders, enhancing revenue visibility for domestic manufacturers like Bharat Electronics Limited. This move follows multiple approvals throughout 2026, signaling strong demand for defence equipment.High Defence Acquisition Council plans ₹80,000 crore ordersThe Defence Acquisition Council plans to approve ₹80,000 crore in defence procurement orders, enhancing revenue visibility for domestic manufacturers. This move follows multi-billion-crore approvals throughout 2026, benefiting key players like Bharat Electronics Limited and Hindustan Aeronautics Limited.High

July 2026

Q1 results updates from BEL, Coal India and banksBharat Electronics and Coal India report Q1 results today, alongside banks like Bank of Baroda and IDFC First Bank reacting to their earnings. Bank of Baroda maintains its FY27 loan growth guidance, signaling stability in the banking sector.Medium Defence stocks decline amid US-Iran war escalationDefence stocks like HAL, BEL, and Bharat Dynamics fell on Monday due to escalating tensions in the US-Iran war. HAL shares declined 0.58% to ₹4,474, while BEL and Bharat Dynamics dropped 0.78% and 0.55%, respectively, raising concerns over energy shipment disruptions.Medium BEL secures ₹5.72 billion order for defense projectsBharat Electronics Limited secured a ₹5.72 billion order for defense projects, enhancing its revenue and market position. This contract is expected to positively influence sentiment in the defense sector.High India and Japan sign defence pact for naval communication systemsIndia and Japan have signed a landmark defence agreement to co-develop UNICORN communication masts for the Indian Navy. Bharat Electronics Limited will manufacture the masts, marking a significant step in India's defence capabilities and cooperation with Japan.Medium India and Japan sign defence co-development pact for naval mastsIndia and Japan signed a defence co-development pact for the UNICORN naval mast, with Bharat Electronics Limited to manufacture the system locally. This agreement enhances strategic ties and supports India's Make in India initiative.Medium India and Japan sign defence co-development pact for naval mastsIndia and Japan signed a bilateral agreement for joint defence equipment development, focusing on the UNICORN naval mast. Bharat Electronics Limited will manufacture the system in India, enhancing local capabilities and strategic ties.Medium

June 2026

BEL secures ₹1,081 crore order for defense equipmentBharat Electronics Limited secured additional orders worth ₹1,081 crore for defense equipment, including communication systems and radars. The stock traded at ₹431.45, reflecting positive market sentiment following the announcement.High BEL secures ₹1,081 crore order for defense systemsBharat Electronics Limited secured orders worth ₹1,081 crore for defense systems, including communication equipment and radars. The stock rose to ₹431.45, reflecting positive market sentiment with over 1 million shares traded today.High

May 2026

Bharat Electronics secures ₹608 crore defence contractBharat Electronics Limited secured orders worth ₹608 crore for various defence systems, including communication equipment and coastal surveillance radar. This contract strengthens BEL's diversified portfolio in defence electronics, potentially enhancing investor sentiment.High Indian Navy signs BEL deal for maritime surveillance enhancementThe Indian Navy signed a contract with Bharat Electronics Limited on 21 May 2026 to enhance the Information Fusion Centre – Indian Ocean Region. This deal aims to improve real-time maritime surveillance and strengthen regional cooperation in the Indian Ocean.Medium Indian Navy signs BEL deal for maritime security enhancementThe Indian Navy signed a contract with Bharat Electronics Limited on 21 May 2026 to enhance the Information Fusion Centre – Indian Ocean Region, aiming to improve real-time maritime surveillance and regional cooperation, strengthening India's maritime security.Medium Stock markets rally on global cues and easing oil pricesBenchmark equity indices rose in early trade on 21 May 2026, with BSE Sensex up 327.74 points to 75,646.13 and NSE Nifty gaining 111.75 points to 23,772.05. Easing oil prices and positive global market trends supported the rally.High Shares of BEL, Tata Steel, Hindustan Copper declineShares of Bharat Electronics, Tata Steel, and Hindustan Copper fell up to 4% amid broader market weakness. BEL reported Q4 revenue of ₹10,224 cr and net profit of ₹2,226 cr, but profit booking led to a 3.3% decline in its stock price.Medium Shares of BEL, Tata Steel, Hindustan Copper decline amid market weaknessShares of Bharat Electronics, Tata Steel, and Hindustan Copper fell up to 4% amid a broader market decline. BEL reported an 11% rise in revenue to ₹10,224 cr, but profit booking and market pressures led to the drop.Medium BEL shares decline 2% despite Q4 profit growthBharat Electronics shares dropped 2.3% to ₹413 despite a 5% YoY rise in Q4 net profit to ₹2,226 cr. Revenue increased 11% YoY to ₹10,224 cr, but higher expenses affected market sentiment.Medium BEL reports strong Q4 results with revenue and profit growthBharat Electronics Ltd. reported Q4 revenue of ₹10,177 cr, up 11.6% YoY, and net profit of ₹2,203 cr, exceeding expectations. EBITDA margin narrowed to 29.1%, but was above the forecast of 27.7%.Medium MoD signs ₹14.76 billion contract with BEL for mobile systemsThe Ministry of Defence signed a ₹14.76 billion contract with Bharat Electronics Limited for mobile systems, enhancing defense capabilities and potentially boosting BEL's order book and market sentiment.High BEL secures ₹1,476 crore defence contract for electronic warfare systemsBharat Electronics Limited secured a ₹1,476 crore contract from the Ministry of Defence for advanced electronic warfare systems. This procurement emphasizes the government's push for self-reliance in defence manufacturing with 72% indigenous content.High BEL secures ₹1,476 crore defense contract from Ministry of DefenceBharat Electronics Limited secured a ₹1,476 crore contract from the Ministry of Defence for five Ground Based Mobile Electronic Systems, enhancing its order backlog and supporting the Atmanirbhar Bharat initiative with 72% indigenous content.High

April 2026

Defence stocks poised for growth after ₹2.38 lakh cr DAC approvalsThe Defence Acquisition Council approved ₹2.38 lakh crore for defence procurement, enhancing growth prospects for HAL, BEL, and BDL. This move supports domestic manufacturing and reduces import dependence, providing strong order visibility for these companies.High Defence ministry signs ₹1,950 cr radar contract with BELThe defence ministry signed a ₹1,950 crore contract with Bharat Electronics Limited for two mountain radars for the Indian Air Force. This acquisition aims to enhance air defence capabilities and reduce reliance on foreign technology.High

March 2026

Bharat Electronics secures ₹1,011 crore order, shares rise 2.5%Bharat Electronics Ltd secured ₹1,011 crore in new orders, raising its total order book to ₹73,450 crore. The share price rose over 2.5%, indicating positive market sentiment following the announcement.High Bharat Electronics secures ₹1,011 crore order, shares riseBharat Electronics Ltd secured orders worth ₹1,011 crore, boosting its total order book to ₹73,450 crore. The announcement led to a share price increase of over 2.5%, reflecting positive investor sentiment.High Defence stocks decline as Nifty India Defence index fallsThe Nifty India Defence Index fell 1.13% to 8,309.25, with Bharat Electronics down 1.56%, HAL down 0.97%, and Bharat Dynamics down 1.75%. This decline occurred despite a bullish sector outlook from Motilal Oswal.Medium

February 2026

BEL and Safran to form joint venture for missile productionBharat Electronics Limited is forming a joint venture with Safran Electronics & Defense to produce Hammer missiles in India. The agreement includes a Master Production Agreement and is subject to regulatory approvals, marking a significant step in local defense manufacturing.High BEL and Safran to form joint venture for HAMMER productionBharat Electronics Ltd and Safran will form a joint venture to produce HAMMER precision-guided munitions in India, enhancing domestic defence capabilities and reducing import dependence. This initiative aligns with the government's Atmanirbhar Bharat programme.High BEL and Safran to form joint venture for HAMMER productionBharat Electronics Ltd and Safran will form a joint venture to produce HAMMER precision-guided munitions in India, following Modi-Macron talks. This partnership aims to bolster domestic defence manufacturing and reduce import dependence.High Defence stocks rally on geopolitical ties and domestic pushDefence stocks experienced a significant rally, with Cochin Shipyard rising 7% and BEL gaining nearly 3%. The Nifty Defence index increased 1.6%, fueled by optimism around foreign partnerships and the government's Make in India initiative.Medium BEL shares rise on joint venture with Safran ElectronicsBharat Electronics Limited announced a joint venture with Safran Electronics for Project Hammer, focusing on the Guidance Kit of the HAMMER Weapon System. The venture will have a 50:50 equity split and aims to support the Indian Air Force and Navy.High BEL forms joint venture with Safran for HAMMER weapon systemBharat Electronics Limited approved a joint venture with Safran Electronics for the HAMMER weapon system. The new company will focus on manufacturing and maintenance, pending regulatory approvals from India and France.High Bharat Electronics forms joint venture with Safran for HAMMER projectBharat Electronics Limited approved a 50:50 joint venture with Safran Electronics & Defense to manufacture HAMMER weapon system guidance kits in India. This collaboration aims to enhance local defense capabilities and was finalized on 15 February 2026.High Bharat Electronics secures ₹581 crore orderBharat Electronics Limited secured a major order worth ₹581 crore, enhancing its order book and market position in the defense electronics sector. This contract is expected to positively impact BEL's revenue and operational scale.High Bharat Electronics secures ₹581 crore orderBharat Electronics Limited secured a major order worth ₹581 crore, enhancing its market position in the defense electronics sector. This contract is expected to positively impact BEL's revenue and strengthen its order book.High Defence stocks face volatility after budget capex boostIndia's defence stocks face increased volatility after a 21.8% rise in capital spending in the Union Budget. Brokerages caution about stretched valuations while highlighting Bharat Electronics and Hindustan Aeronautics as key players amid a strong order pipeline.Medium Defence stocks face volatility after budget capex boostIndia's defence stocks are set for volatility after a 21.8% increase in capital spending in the Union Budget. Brokerages favor Bharat Electronics and Hindustan Aeronautics, but caution about stretched valuations impacting near-term returns.Medium Defence shares rise on budget capex expectationsDefence stocks rallied on expectations of higher capital expenditure in Budget 2026, with ideaForge, BEL, and MTar Tech leading the gains. This trend reflects growing investor optimism in the defence sector's growth potential.Medium

January 2026

Markets rise on optimism over India-EU FTAEquity indices Sensex and Nifty rose for the second day, with Sensex up 487.20 points to 82,344.68 and Nifty up 167.35 points to 25,342.75. Gains were driven by industrial, energy, and metal stocks amid optimism over the India-EU FTA.High Defence stocks rise ahead of Union Budget 2026Defence stocks surged ahead of the Union Budget 2026, with BEL shares rising 4.5% to ₹435 and BEML climbing 8% to ₹1,787. Analysts predict a significant increase in defence capital outlay, boosting investor sentiment.High Defence stocks rise ahead of Union Budget 2026Defence stocks are rising as investors anticipate increased capital expenditure in the Union Budget 2026. BEL shares rose 4.5% to ₹435, while BEML jumped 8% to ₹1,787, driven by expectations of higher defence funding.High

November 2025

BEL and Safran form joint venture for HAMMER weaponHigh BEL forms joint venture with Safran for HAMMER weaponsHigh BEL and Safran form joint venture for precision-guided weaponsHigh Bharat Electronics secures ₹871 crore order, shares riseHigh Bharat Electronics wins ₹792 crore order, shares rise 2%High

About Bharat Electronics Limited

exchange masters as of 18 Sept 2026 · classification by BSE
Company
Bharat Electronics Limited
Exchange
NSE · BSE 500049, group A
Listed on NSE
19 Jul 2000
Classification
Industrials › Capital Goods › Aerospace & Defense
Index
BSE SENSEX
Face value
₹1 a share
ISIN
INE263A01024
Sessions on record
272
Price source
NSE UDiFF bhavcopy · end of day · delayed
Filings
NSE and BSE public disclosures · results, shareholding and corporate actions as filed
Computed
1 Oct, 07:53 pm IST
Bulletins
51 · written by the desk · not a recommendation

OI Charts is not a SEBI-registered investment adviser or research analyst. Prices, open interest, filings and the desk read are exchange data and arithmetic on it, not a basis for any investment decision.