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Bharat Electronics gained after securing fresh orders worth ₹528 crore.
The deets: the latest contracts include a range of defence and strategic systems such as radars, jammers, shelters, and more.
In June alone, the company secured four major orders totaling nearly ₹4,000 crore.
On June 6, BEL also announced the signing of a Memorandum of Understanding - MoU with Tata Electronics to jointly develop indigenous electronics and semiconductor solutions.
Why it matters: the robust order pipeline reflects growing investor confidence. More importantly, these contracts (radars, jammers, and other defence systems) support the government's push for indigenisation under the Atmanirbhar Bharat initiative.
Zoom out: India’s defence sector is on the cusp of transformational growth, backed by a record ₹6.81 trillion allocation in the 2025-26 Union Budget, accounting for 13% of total central expenditure.
