25 May 2025, Sun

Defense Sector Stocks Rising after BHEL Receiving 7500 Crore Order from Gujarat State Electricity Board

Share Market: After a long period of recession in the stock market, now there has been a tremendous jump in the shares of the defense sector. Investors are re -focusing on companies like Bharat Heavy Electronics Limited (BHEL) amidst the new order and recovery of the stock market. After the fall of more than 24 percent in the last six months and more than 9 percent in 2025, the shares of companies have now started showing signs of improvement.

Last month, BHEL shares increased by 11 percent and the last five business sessions by about 8 percent. After getting a contract of Rs 7,500 crore from the Gujarat State Electricity Board in the last trading session, the company’s share price came down at Rs 211.80 with a gain of 2 percent. Seeing the rise in defense sector companies, brokerage firm Antique Broking said that the idea of ​​adding stock to the portfolio on current valuation is not bad. Antique Stock Broking said, “We believe that in the next few years, there will be a tremendous bounce in BHEL’s order book.”

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