Defence PSU stock Bharat Electronics Limited (BEL) rose as much as 6% to ₹424.35 apiece in Wednesday’s trading session after the company posted a record turnover for the financial year 2025-26 (FY26) along with strong order wins.
The PSU stock opened at ₹415.05 apiece today, as compared to the previous close of ₹424.80 on Monday.
Why is PSU defence stock rising today?
In an exchange filing on April 1, BEL said that the company has achieved a growth in turnover of 16.2% to ₹26,750 crore in FY26, rising from ₹23,024 crore in the same period of the previous year.
According to the filing, this includes export sales of around $141.9 million during FY 2025-26, as against the previous year’s export turnover of $106.17 million, registering a growth of 33.65%.
It further informed the exchanges that the company has secured orders worth ₹30,000 crore, including export orders worth $346 million in FY26.
Some of the major orders received during the year in defence include Avionics for LCA, Mountain Radars, EW suite for Helicopters, Air Defence Radars, EOIR Payloads for Airborne and Naval platforms, EW system for Naval platforms, Fire Control & Sighting System for Tanks, Mobile Communication Terminal, Network systems, Counter Unmanned Aerial System, Upgrades, Spares and Services.
The total order book of the company as on 1st April 2026 stands at around ₹74000 crore, including the export order book of $495 million.
“The geopolitical incidents during the year and ongoing conflict in West Asia have highlighted the need for self-reliance in strategic sectors and the importance of a resilient domestic industrial defence ecosystem. BEL remains well-positioned to effectively navigate these challenges through its expertise across multiple technologies and platforms, strong order book, diversified portfolio, modernised manufacturing facilities and proven execution capabilities,” said Manoj Jain, Chairman & Managing Director, BEL.
BEL continues to focus on indigenisation by reducing dependency on imports and strengthening domestic supply chains, while simultaneously focusing on future-ready technologies such as Artificial Intelligence, Cybersecurity, Advanced Electronic Warfare & Communication Systems, and Autonomous Platforms. These strategic initiatives will enable BEL to capture emerging opportunities in both domestic and global markets, Jain added.
Meanwhile, on March 31, the company announced that it received additional orders worth ₹6,795 crore. The orders received include mountain radars from MoD, Avionics package for LCA from HAL, a major export order for communication equipment, electronic fuzes, strategic components, upgrades, spares, services, etc.
BEL share price trend
BEL share price has largely remained positive in the near term despite market volatility. The PSU defence stock has gained 3% in a week and 7% on a year-to-date (YTD) basis.
On a longer time frame, the defence stock has given 46% returns in a year. BEL has proven to be a multibagger stock by soaring over 336% in the last three years and over 900% in five years.
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.
