Navratna Defence PSU, Bharat Electronics (BEL), shares surged over 2% intra-day. The stock has been among the top five gainers on the Nifty today. This strong upmove is on the back of the Rs 596 crore order win.
This is the second order in January that the company has clinched. The order is for a drone detection and jamming system, a mobile communication terminal, a software solution, upgrades, spares, services, and other related things.
“Navratna Defence Public Sector Undertaking, Bharat Electronics, has secured additional orders worth Rs 596 crore since the last disclosure on 1 January 2026. Major orders received include drone detection and jamming system, mobile communication terminal, software solution, upgrades, spares, services, etc,” said the company in an exchange filing.
Previous order in January
Bharat Electronics secured additional orders worth Rs 569 crore on January 01. The orders received include communication equipment, medical electronics, instant fire detection and suppression systems, upgrades, spares, and services.
BEL share performance
The share price of Bharat Electronics has risen over 3% in the last five trading sessions. The stock has given a return of 6.7% in the previous one month and remained little changed in the past six months. BEL’s stock price has raised investors’ wealth by roughly 50% over the last 12 months.
BEL Q2 FY26
The company’s net profit advanced 17.8% year-over-year to Rs 1,287.16 crores in Q2 FY26. The revenue from operations rose 25.8% YoY to Rs 5,792.09 crores, compared with Rs 4,604.90 crores in Q2 FY25. BEL’s total income surged 25% YoY to Rs 5,946.01 crore.
Motilal Oswal on BEL and defence sector
In a research report on December 26, Motilal Oswal picked Bharat Electronics alongside another stock as one of its preferred largecap defence picks.
According to the brokerage house report, “Within large-cap stocks, sectors with greater than 1% aggregate earnings raise equalled those with earnings cut of less than minus 1% by a ratio of 7:7, with PSU banks, Insurance, Oil & Gas, Telecom, and Autos posting meaningful upgrades.” This indicated that even amid uneven trends, the defence sector remains relatively resilient.
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