New Delhi, March 10 -- PSU company Bharat Electronics Limited (BEL) share price surged as much as 2 per cent to Rs.282.34 on Monday's trading session ahead of the record date for dividend payout on March 11.

BEL shares have risen over 15 per cent so far in March, surging from Rs.246.25. The shares have shown impressive growth, gaining 30 per cent in the past year. Over the last five years, the defense PSU stock has skyrocketed by more than 1,000 per cent.

The PSU stock had declared its first interim dividend for the financial year 2024-25 (FY25). The company will distribute a dividend of Rs.1.5 per fully paid-up equity share with a face value of Rs.1, which is 150 per cent of its face value.

The board of directors on March 5 approved t...