Mumbai: The shares of Larsen & Toubro (L&T) and Bharat Electronics Limited (BEL) are in focus on September 24, 2025, Wednesday after both the companies announced a strategic partnership to support Advanced Medium Combat Aircraft (AMCA) programme of the Indian Air Force.
L&T shares were trading at Rs 3,671.60 apiece at the time of writing this article on Wednesday. The BEL stock traded at Rs 396.85 per equity share.
L&T, BEL collaborate for India’s 5th-generation fighter aircraft
L&T issued a press release saying that its partnership with BEL will leverage L&T’s expertise in developing strategic defence and aerospace platforms, along with BEL’s experience in defence electronics and systems, to jointly contribute to India’s 5th-generation fighter aircraft.
L&T and BEL collaboration for India’s 5th-Generation Fighter Aircraft programme is a significant step as it is in line with Prime Minister Narendra Modi’s vision for an ‘Atmanirbhar Bharat’.
Notably, L&T and BEL have been associated with defence related projects. L&T and BEL have “played a pivotal role in India’s indigenous Light Combat Aircraft programme by supplying major aero-structure modules and developing mission-critical avionics and electronic systems. Building on this legacy, the consortium will bring proven expertise and commitment to timely delivery of world-class defence and aerospace platforms for the Indian Air Force,” the company said in its statement.
“The collaboration with BEL marks a significant leap in our commitment to the modernisation of India’s defence capabilities. We are honoured to be working with BEL to deliver next-generation technologies for the Indian Air Force. Both the organisations are leaders in our respective domains and our combined efforts will play a crucial role in bolstering national security and advancing self-reliance in defence technologies,” S N Subrahmanyan, Chairman & Managing Director, L&T, said.
L&T share details on BSE as of Sept 24, 2025
- Previous Close: Rs 3658.30
- Open: Rs 3661.85
- Day’s High: 3687.35
- Day’s Low: 3636.85
- 52 Weeks High: 3963
- 52 Weeks Low: 2967.65
- Market cap: Rs 5,04,819.72 crore
BEL share details on BSE as of 24th Sept 2025
- Previous Close: 404.40
- Open: 404.40
- High: 405.45
- Low: 396.60
- 52 Wk High: 435.95
- 52 Wk Low: 240.15
- Mcap Full (Cr.): 2,90,088.57
- EPS (TTM): 7.50
- PE: 52.91
- PB: 16.67
- ROE: 31.50
- Face Value: 1.00
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