Bharat Electronics Ltd (BEL) surpassed Tata Motors in market cap, hitting ₹2,94,218 crore against Tata Motors’ ₹2,62,848 crore. BEL has received orders worth ₹2,323 crore from MDL and GRSE for missile system spares for Indian Naval ships. The defence stock’s rally highlights its rapid growth and strong investor interest in the sector.