BEL Ends Flat at ₹293.60 Amid Buzz of ₹2,200 Cr IAF Order; Market Eyes Defence Deals

16th April, 2025 / 3:30 PM

There are expectations of Bharat Electronics bagging a major ₹2,200 crore order from the Indian Air Force, and this news boosted share prices at closing today. The prices touched ₹293.60, which is 0.03% higher than the opening price of ₹293.50 for the day. Interestingly, they touched ₹293.25 at midday, which was about 0.08% lower than the former, mirroring the trend early today when they opened 0.06% lower than the closing price yesterday.

Before hitting the midday numbers, the stock peaked to ₹294.93 and then came down to ₹292.01 in a fluctuating curve of sorts. The closing numbers have reversed the opening momentum, and the stock performance will be keenly watched ahead, with the upcoming deal and other order wins from the Ministry of Defence in focus.

16th April, 2025 /12:30 PM

Bharat Electronics share prices have dropped by 0.08% from the opening price of ₹293.50 today (16th April). By midday, the prices were at ₹293.25, which indicates a slight downward climb, which continues the curve from the opening today, when prices were about 0.06% lower than yesterday’s closing price of ₹293.70. There was a slump in share prices to ₹292.01 before the midday figure was achieved, while an earlier peak happened at about ₹294.93 before an initial slump in trading.

It remains to be seen how the stock prices play out by the end of the day, particularly in light of the new deal with the Ministry of Defence and other developments relating to the company. 

16th April, 2025 / 9:30 AM

Bharat Electronics share prices opened 0.06% lower today at ₹293.50, in comparison to the closing price of ₹293.70 yesterday (15th April). Interestingly, the opening price of ₹289.90 on 15th April was substantially higher than the closing price of ₹285 on 11th April. The stock also continued the positive momentum and closed decently higher over the opening price yesterday (15th April). Yet, the momentum failed to hold today as it opened marginally lower than the closing price yesterday. 

The company has been making headlines for updates on its capital allocation and its latest deals with the Ministry of Defence. It remains to be seen how these developments impact the stock prices going forward today. 

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