Navratna defence PSU stock gains after two days of consecutive fall - Here's why

Navratna defence PSU stock in focus: Shares of Navratna Defence Public Sector Undertaking Bharat Electronics Limited gained in early trade on Monday. Navratna defence PSU stock in focus: BEL signs contract worth Rs 610 crore The surge in the share price comes as the company has signed a contract worth Rs 610 crore for the supply of Electro Optic Fire Control System for the Indian Navy. BEL orders The PSU has secured other orders valued at Rs 352 crore following the last disclosure on January 28, 2025, which comprises Anti Drone System, Fuzes, Integrated Fire Detection and Suppression System, Vessel Communication System, Spares, Services, etc, the company said. BEL share price history The stock has given a multibagger return of 187 per cent in two years and 309 per cent in three years.