29 Sep 2025 | 5 Mins Read
Indian Army QRSAM Order Sparks Defence Stock Interest
Flipitmoney
The Indian Army has issued a ₹30,000 crore tender to Bharat Electronics Ltd. for indigenously developed Anant Shastra surface-to-air missile systems. Bharat Dynamics may supply missiles (₹10,500-12,000 crore), while Apollo Micro (₹800-1,000 crore) and Astra Micro (₹1,800-2,000 crore) might supply components. Orders will start from FY2027, boosting BEL's order book.