On June 5, 2025, the state-owned defence electronics giant Bharat Electronics Ltd. (BEL) announced another major contract win, marking its 2nd significant order in just two days.
The latest contract, valued at ₹2,323 crore, has been awarded by defence public sector undertakings (PSUs)—Mazagon Dock Shipbuilders and Garden Reach Shipbuilders (GRSE). The contract involves the supply of base and depot spares for missile systems deployed on Indian Navy ships. These critical components are aimed at ensuring the seamless operational readiness of mission-critical systems.
This announcement follows BEL’s disclosure on Wednesday, when it revealed having secured additional orders worth ₹537 crore since its last update on May 16. Those earlier orders spanned a wide range of defence technologies, including communication systems, jammers, advanced simulators, software upgrades, and other supporting utilities.
With this latest win, BEL has racked up close to ₹3,000 crore in new orders in just two days. So far in FY2025- 26, BEL has secured orders worth over ₹6,200 crore, already reaching nearly 25% of its annual order inflow guidance of ₹27,000 crore. Notably, the company has hinted that its total order book could potentially exceed ₹57,000 crore, provided it lands the much-anticipated Quick Reaction Surface-to-Air Missile (QRSAM) contract later this year.
Also Read: Best Defence Stocks In India In June 2025: HAL, BDL, Nibe, Sika, and More Based on 5-Yr CAGR
On June 6, 2025, BEL share price trade ~1% lower, reaching a day low of 389.05 at 10:25 AM after opening at 395.00 on BSE.
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Published on: Jun 6, 2025, 11:17 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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