Bharat Electronic up 3%; Announces Dividend for FY25

Bharat Electronics announced a dividend for ₹50 per equity share for the financial year 2024-25. The company stated in an exchange filing , “In continuation to our earlier letter dated February 25, 2025 we wish to inform you that Board of Directors of the company at its meeting held on March 5, 2025, inter alia, has declared interim dividend of Rs 1.50/- per equity share of Re 1/- each fully paidup (150 per cent) for the financial year 2024-25. The interim dividend will be paid within 30 days from the date of declaration.”

The record date for dividend payment has been set on March 11. In a separate exchange filing, the company said. “In terms of Regulation 42(2) of SEBI (LODR) Regulations, 2015, we would like to inform you that the Board of Directors has fixed Tuesday, March 11, 2025, as Record Date for the purpose of payment of Interim Dividend on Equity Shares for the Financial Year 2024-25.”

Shares of BEL soared by 2.82% to clock the day’s high of ₹272.10. However, it has slipped 7.52% on a year-to-date (YTD) basis.

Close to 4.27 lakh shares changed hands at the time of publishing this story. Turnover on the counter came at ₹11.44 crore, clocking a market capitalisation of ₹1,98,716.34 crore.

As of December 2024, promoters held 51.14% stake in the defence major.