In a major market shift, Bharat Electronics Ltd (BEL), a defence stock, has surpassed Adani Ports and Special Economic Zone Ltd in market capitalisation. BEL hit an intraday high of ₹3,07,376 crore, exceeding Adani Ports' ₹2,93,617 crore. This highlights BEL's rapid growth, further bolstered by new orders worth ₹585 crore for defence systems and equipment.