Bharat Electronics Gains on Missile Deal

  Published 6 months ago

Bharat Electronics shares jump 3.1% after media reports army tender for the Anant Shastra missile system.

  • The project is valued at around 300 billion rupees, aiming to equip five to six army air‑defence regiments soon.
  • Formerly called Quick Reaction Surface to Air Missile System, now renamed Anant Shastra for clarity in India.
  • BAJE stock is up 35% YTD, outperforming Nifty 50's 4.7% gain, showing strong momentum in markets.

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