Bharat Electronics’ share price to remain in focus in Monday’s trade as the company has secured additional orders worth Rs 572 crore.
The orders are for Integrated Drone Detection and Interdiction System (IDDIS), Software Defined Radio (SDR) and Data Communication Unit (DCU). These will be used for attack guns, AI-based solutions for ships, simulators, communication equipment, jammers, spares, services, etc.
As of April 01, 2025, Bharat Electronics’ order book stands at Rs 71,650 crore.
“Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has secured additional orders worth Rs. 572 Crores since the last disclosure on 07th April 2025. Major orders received include Integrated Drone Detection and Interdiction System (IDDIS), Software Defined Radio (SDR) and Data Communication Unit (DCU) for attack guns, AI-based solutions for ships, simulators, communication equipment, jammers, spares, services, etc.,” read an exchange filing by the company.
Apart from that, the Navratna PSU will be reporting its quarterly results on May 19 for the fourth quarter of the financial year 2024-25.
BEL Q3 earnings
The company reported a growth of 47.3% year-on-year in its profit after tax for the third quarter of FY25 to Rs 1,316.06 crore, compared with Rs 893.30 crore posted in the same quarter of the last financial year. BEL’s consolidated revenue from operations stood at Rs 5,770.69 crore in Q3FY25, an increase of 38.6% YoY as against Rs 4,162.16 crore recorded in the corresponding quarter of the past financial year.
BEL’s stock performance
The share price of Bharat Electronics has risen 13.5% in the last five trading sessions. It has given a return of 21.3% in the past one month and 30.4% in the previous six months. BEL’s share price has increased by 32.7% in the last one year.