India's Bharat Electronics hits record high on order wins, tops Nifty 50

Bharat Electronics

23/06/2025 06:30

** Shares of Bharat Electronics BAJE.NS jump 2.5% to a record high of 418 rupees

** Stock top gainer on the Nifty 50 index .NSEI, which is down 0.7%

** Defence co secures orders worth 5.85 bln rupees ($67.4 mln)

** Orders include manufacturing fire control systems, communication equipment, and jammers

** Stock up 39% so far in 2025 vs a 5.4% rise in Nifty 50

($1 = 86.8080 Indian rupees)

 (Reporting by Yagnoseni Das in Bengaluru)

 ((Yagnoseni.Das@thomsonreuters.com;))