BEL, other defense stocks on the rise today, after US operations in Venezuela

Bharat Electronics Ltd (BEL) shares are sharply on the rise today. At 12:25 p.m. IST, 5^th January, 2025, its stock price is up by 3.09%, trading at Rs 415.60. Nifty 50 index is up by 0.027% at this time. In the past 5 day, before today, BEL shares had gained around 2%.

US raid on Venezuela may increase geopolitical, military risk

US raid on Venezuela has increased geopolitical risk and military risk  to some extent. This may be causing BEL and other defense stocks rise today. On late night between 2^nd and 3^rd , January, 2026, US forces conducted a military operation inside Venezuela and captured incumbent President Nicolas Maduro and his wife. US President Donald Trump said after the capture that US will run Venezuela until a stable, judicious government is formed there. Many countries, including China, have criticized the US military operation inside Venezuela. United Nations said that the US operations have set a dangerous precedent. It has called a meeting of the UN Security Council later in the day today.

Other defense stocks also gaining today

Defense stocks tend to gain when geopolitical risks or military risks increase. Other defense stocks are also gaining today. Hindustan Aeronautics shares are up by 2.50% at this time. Paras Defense shares are up by 3.25%. ideaForge shares are up by 3.28%.

BEL shares have gained more than 47% in the past 1 year

In the past one year BEL shares have gained 47.30%. That makes BEL one of the best performing stocks in the past 1 year. Nifty 50 index gained 11.52% in this period. Nifty India Defense index gained around 19.30% in the past 1 year. BEL currently has 20.13% weight in Nifty India Defense index.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source : NSE