DSIJ Mindshare

Shares of the company have gained more than 80 per cent in the last six months.

The approval of these capital acquisition proposals is a significant step towards modernizing the Indian Armed Forces and enhancing their combat readiness. The procurement of these weapons and systems from Indigenous vendors will boost self-reliance in defence production and reduce dependence on foreign suppliers.

Talking about the financials, BHEL has a market cap of over Rs 35,000 crore. The company reported excellent numbers in its quarterly results and annual results. The President of India owns the majority of the company (63.17 per cent), with the remainder divided among FIIs, DIIs, and the general public.