Shares of Bharat Electronics Ltd surged 2% to touch a dayβs high of Rs 424.55 on 9th January. This happened after the company said yesterday, on 8th January, that it has received additional orders worth Rs 596 crore since its last disclosure on 1st January, 2026.
Bharat Electronics Ltd (BEL) said the new orders worth Rs 596 crore include drone detection and jamming systems. It also includes mobile communication terminals, software solutions, upgrades, spares, and related services.
In a stock exchange filing, BEL said it has secured additional orders worth Rs 596 crore since its last disclosure on 1st January 2026.
For the second quarter, BEL reported a net profit of Rs 1,286 crore, up 18% year-over-year.
Revenue rose 26% from the year-ago period to Rs 5,764 crore. EBITDA increased 22% year-over-year to Rs 1,695.6 crore. EBITDA margin stood at 29.42%, slightly lower than 30.30% in the same quarter last year.
At 11:38 AM, shares of Bharat Electronics were trading 0.64% higher at Rs 418.30 on NSE.
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