Shares of Bharat Electronics Ltd. (BEL) traded over 1.6 per cent higher on Friday after the Navratna defence PSU announced fresh orders worth Rs 871 crore. The stock opened at Rs 418.80 and climbed to an intraday high of Rs 428.70, inching closer to its 52-week peak of Rs 436.
New defence orders boost sentiment
In an exchange filing, BEL said it has secured additional orders since its last disclosure on 10 November 2025. The latest orders include fire control systems, thermal imagers, ground support equipment, upgrades, spares and services.
With the new inflows, BEL’s market capitalisation has risen to around Rs 3.12 lakh crore. The stock currently trades at a price-to-earnings ratio of 54.75, while its dividend yield stands at 0.56 per cent.
Q2FY26 revenue jumps nearly 26 per cent
The company reported a robust set of numbers for the September quarter (Q2FY26). Revenue grew 25.78 per cent year-on-year to Rs 5,790 crore, supported by steady execution across defence programmes.
Net income for the quarter rose 17.88 per cent to Rs 1,290 crore. The strong financial performance and sustained order visibility continue to reinforce investor confidence in the stock.
BEL Q1FY26 highlights
For Q1FY26, Bharat Electronics Limited (BEL) reported a 22.47 per cent increase in consolidated net profit after tax (PAT) year-over-year, reaching Rs 969.05 crore. Revenue from operations for the quarter was Rs 4,439.74 crore, representing a 4.62 per cent increase compared to Q1FY25.
What brokerages suggest: Should you buy, sell or hold
Motilal Oswal remains bullish on BEL, citing its leadership in strategic defence programmes and a healthy order book. The brokerage has set a price target of Rs 490, indicating scope for further upside from current levels.
