BEL signs MoU with IITM Pravartak Technologies Foundation

Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed a MoU with IITM Pravartak Technologies Foundation for co-operation in the field of Distributed Acoustic Sensing. The MoU aims at leveraging the complementary strengths and capabilities of BEL and IITM to develop the technology of Distributed Acoustic Sensing. It will also enable BEL and IITM in addressing future business in perimeter security domain.

IITM Pravartak Technologies Foundation is a company Registered under Companies Act 2013. Pravartak is a Section 8 company created by Indian Institute of Technology Madras (IITM) with an aim to promote science, research and development. A Department of Science and Technology-sponsored hub, it will promote the science, research and development of Cyber Physical System.

Shares of Bharat Electronics Limited was last trading in BSE at Rs. 110.60 as compared to the previous close of Rs. 108.30. The total number of shares traded during the day was 1730017 in over 15323 trades.

The stock hit an intraday high of Rs. 111.30 and intraday low of 108.05. The net turnover during the day was Rs. 190386725.00.

Source : Equity Bulls

Keywords

BharatElectronics INE263A01024 BEL Defence MoU IITMPravartakTechnologiesFoundation DistributedAcousticSensing