Shares of Bharat Electronics Ltd (BEL) rose 13% this week, driven by renewed investor interest amid expectations of sustained demand for defence equipment following India’s recent military activity.
The rally follows Operation Sindoor, a series of targeted airstrikes conducted by India on May 7. The operation targeted terror camps located in Pakistan and Pakistan-occupied Jammu & Kashmir. It was launched in response to the April 22 attack in Pahalgam, which resulted in the deaths of 26 security personnel.
Bharat Electronics shares showed strong activity on Friday, closing at ₹363.80. The stock opened at ₹351.60 and reached a high of ₹371.15, which is also its 52-week high, indicating robust market interest. The day’s low was ₹349.60, while the 52-week low stands at ₹227.50.
In the meantime, yesterday, the company secured additional orders worth Rs 572 crore since April 2025. The new contracts include advanced defence and communication equipment such as Integrated Drone Detection Systems, Software Defined Radios, AI-based naval solutions, simulators, jammers, and spares.
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