India's Bharat Electronics set for best month in one year

Bharat Electronics

30/05/2025 10:20

** India's Bharat Electronics BAJE.NS jumps 23.2% in May, set for its best monthly gain in a year

** Stock also set for its eighth straight week of gains

** Gains in-line with other defence stocks which rose amid India-Pakistan border clash and Prime Minister Narendra Modi's push for indigenous defence equipment

** BAJE's gains also boosted by its upbeat fourth-quarter results which highlighted its strong order pipeline

** BAJE's inclusion in BSE Sensex .BSESN, effective June 23, also drove stock higher

** Stock extends YTD gains to 32%

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))