Bharat Electronics Surges 3.9% on GST Relief Bill for Drones; Final Dividend of ₹0.90 per Share for Sep 23

New Delhi, Sep 10, 2025 – Bharat Electronics Limited (NSE: BEL) shares increased 3.90% during Wednesday’s trading session, as of 2:17 pm IST, this increase was supported by recent policy moves on drones and its upcoming dividend payment. The stock reached an intra-day high of ₹386.80, against the last close of ₹371.95.

Market Snapshot

The intraday high-low range of the day was ₹373.05 and ₹386.80. The volumes were heavy with 12.58 crore shares that traded, and this was valued at ₹4,793.3 crore.

The average price in volume-weighted terms (VWAP) was ₹380.88. The market capitalization of BEL was estimated at ₹2,81,426.48 crore, and its free-float market cap was ₹1,37,512.86 crore. During the last 52 weeks, the share has ranged from a high of ₹436.00 (July 1, 2025) to a low of ₹240.25 (February 19, 2025).

Policy Tailwind: GST Reduction on Drones

BEL’s share momentum received a boost with the GST Council’s move to cut the tax rate on drones to 5% from 18–28%, from the 56th Council meeting onward. Flight and motion simulators have also been exempted.

Civil Aviation Minister Ram Mohan Naidu informed that the action will cut costs, iron out classification problems, and accelerate India’s defence and drone landscape. The reform will have a direct positive impact on BEL since it is a supplier of UAV-related defence systems, radars, and smart electronics, promoting drone adoption in defence and security operations.

Dividend Update

To facilitate investor confidence, BEL has announced a final dividend of ₹0.90 per equity share (90% of the face value of ₹1) approved in its 71st Annual General Meeting held on 28th August, 2025. Dividend will be paid on 23rd September, 2025 to the record shareholders.

About Bharat Electronics Limited

Set up in 1954 and listed since July 2000, Bharat Electronics Limited (NSE: BEL) is a Government of India Enterprise in the Ministry of Defence. It develops and produces advanced defence electronics, radars, communication systems, and UAV solutions. BEL is a part of the Nifty 50 index and has a strategic role in India’s aerospace and defense industry.

REF: https://nsearchives.nseindia.com/corporate/BEL_09092025174603_Final_Dividend_Intimation_Signed.pdf

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