Multibagger stock: Defense sector Navratna Company Bharat Electronics Limited (BEL) has received orders of 962 crores. The company’s shares saw a decline of 1.07 per cent on Friday and the stock has closed at Rs 276.85 on the BSE. With this decline, the market cap of the company has come down to Rs 2.02 lakh crore. The stock of the stock is Rs. 340.35 and 52-Veik is Rs 171.70. The stock has given a strong return of 848 percent to its investors in the last 5 years.
BEL gets details related to order
The order received by Bharat Electronics Limited also includes a contract of ₹ 610 crore for the supply of Electro-Optic Fire Control System (EOFCs) to the Indian Navy. Eon-51 is an electro-optical fire control system (EOFCs), which provides the ability to discover, identify and classify targets with the help of electro-optical and thermal imagers devices.
India Electronics said in a regulatory filing, “It will be installed and integrated on the platforms of the Indian Navy completely indigenously developed. This system is capable of searching panoramic/sector and track all kinds of goals day and night May it be effectively targeting goals with medium and short-range mounts. “
Ministry of Defense
The Ministry of Defense said in a statement that it has signed a contract with Bharat Electronics Limited (BEL) in New Delhi. Under this contract, 28 EON-51 systems will be purchased for the Indian Navy. These systems will be installed on 11 new generation offshore petrol vessels (OPVs) and 3 cadet training ships. The total cost is ₹ 642.17 crore (including tax) and it comes under the ‘Indian-IDDM’ category.
BEL’s Total Order Book ₹ 11,855 Crore
In addition, Bharat Electronics Limited (BEL) has obtained new orders of ₹ 352 crore since its final revelations of 28 January 2025. These include anti-drain systems, fuses, integrated fire detections and sobaraination systems, vessel communication systems and contracts of parts and services. With these contracts, the total order book of BEL for the current financial year is ₹ 11,855 crore.
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