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BEL soars 6% on order wins of Rs 3,351 crore; joins top 50 market-cap club

In the past one month, BEL has outperformed the market by surging 31 per cent as the company has bagged orders worth of Rs 12,230 crore so far in the month of December

BEL surges 6% on Rs 3,351 crore orders win; enters into top 50 mcap list
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Deepak Korgaonkar Mumbai

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Shares of public sector enterprise Bharat Electronics (BEL) surged to a 52-week high of Rs 184.5 apiece on Tuesday after it received plum orders worth Rs 678 crore.

The government-owned aerospace and defence electronics company finally closed at Rs 181.95 on the BSE, an impressive 4.1 per cent increase.

The stock had a trading volume of 3.78 million shares on the BSE.

With the above orders, BEL has cumulatively received orders to the tune of Rs 26,613 crore in this financial year.

With Tuesday’s gains, BEL stock is up over 83 per cent in the past year and has joined

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First Published: Dec 26 2023 | 2:36 PM IST

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