BEL shares rally 10%, hit 52-week high as Q3 net profit rises 21% to Rs 1,580 crore
Bharat Electronics Ltd. shares surged to a 52-week high following robust December quarter results. The defence major reported a 21% year-on-year jump in net profit to Rs 1,580 crore and a 24% revenue increase to Rs 7,154 crore. This strong performance, driven by defence indigenisation and a growing order book, signals continued momentum for BEL.
Bharat Electronics Ltd. shares surged to a 52-week high following robust December quarter results. The defence major reported a 21% year-on-year jump in net profit to Rs 1,580 crore and a 24% revenue increase to Rs 7,154 crore. This strong performance, driven by defence indigenisation and a growing order book, signals continued momentum for BEL.
