Bharat Electronics Secures Orders Worth Rs 528 Crore For Radar, Shelters, EVMs And More

The major orders which BEL received include those of electronic voting machines, jammers, shelters, control centre, spares and services.

The company, earlier, reported securing orders worth Rs 585 crore on June 20. (Photo: Bharat Electronics/Facebook)

Bharat Electronics Ltd. has bagged additional orders worth Rs 528 crore, since the last disclosure on June 20, 2025, according to an exchange filing from the firm on Monday.

The major orders which the company has received include electronic voting machines, jammers, shelters, control centre, spares and services.

The state-owned firm reported securing orders worth Rs 585 crore on June 20. That batch of orders included fire control and sighting system for missiles, communication equipment, jammers, spares and services among others.

The firm has also been one of Jefferies' top picks in the defence sector.

Also Read: HAL, Data Patterns, BEL Are Jefferies' Top Picks As Strong Order Book, Earnings Push Bullish Defence Outlook

Shares of Bharat Electronics on Monday closed 1.69% higher at Rs 421.50 apiece on the NSE, compared to a 0.47% fall in the benchmark Nifty. The stock has fallen 37.01% in the last 12 months and 43.78% on a year-to-date basis.

Out of 28 analysts tracking the company, 24 have a 'buy' rating on the stock, one recommends 'hold' and two suggest 'sell', according to Bloomberg data. The average of 12-month analysts' price target implies a potential downside of 3.2%.

Also Read: HAL, BEL, Mazagon Dockyards Are Antique's Top Defence Picks On Strong Growth Amid Global Tensions

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WRITTEN BY
Prajwal Jayaraj
Prajwal Jayaraj covers business news for NDTV Profit. He holds a postgradua... more
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