Rs 71,650 Crore Order Book & 1,48,300 Per Cent Returns: Multibagger Defence Stock Hits 52-Week High After Bagging Rs 572 Crore Orders from MoD
The stock gave multibagger returns of 385 per cent in 3 years and a whopping 1,500 per cent in 5 years.
On Friday, shares of Bharat Electronics Limited (BEL) gained 5.9 per cent to an intraday high of Rs 371 per share from its previous closing of Rs 350.35 per share. The stock also made a new 52-week high of Rs 371 per share and its 52-week low is Rs 227.50 per share. The company's shares saw a spurt in volume by more than 1.23 times on the BSE.
Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has secured additional orders worth Rs 572 crore since the last disclosure on April 07, 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.
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About the Company
Navratna Defence PSU Bharat Electronics Limited (BEL), established in 1954, is a prominent Indian government-owned company under the Ministry of Defence. They specialise in manufacturing cutting-edge electronic products and systems for the Indian armed forces, encompassing areas like radars, missile systems, communication technologies, electronic warfare systems, avionics for aircraft, naval systems, and even tank electronics. While their primary focus is defence, BEL also has a limited presence in the civilian market, offering solutions in cybersecurity, e-mobility, railways, e-governance and more.
The company has a market cap of over Rs 2.60 lakh crore and has been maintaining a healthy dividend payout of 44 per cent. The company’s order book stands at Rs 71,650 crore as of April 01, 2025. The company's shares have an ROE of 26 per cent and an ROCE of 35 per cent. The stock gave multibagger returns of 385 per cent in 3 years and a whopping 1,500 per cent in 5 years. The stock, which traded at a mere Rs 0.25 in 1999, has experienced exponential growth, delivering a mind-boggling 1,48,300 per cent return to its investors.
Disclaimer: The article is for informational purposes only and not investment advice.