Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed an LAToT with DRDO labs DRDL, Hyderabad, and IRDE, Dehradun, for the manufacture of Laser Based End Game Fuze (LBEGF).
Laser Based End Game Fuze is a sub-system of a missile, used to generate detonation pulse at detection of target of interest. It is an assembly of Laser Proximity Sensor and End Game Processor. Laser Proximity Sensor is used to measure target range and sector information, while End Game processor processes the range data provided by LPF using algorithm and produce detonation pulse.
Signing of this LAToT will enable BEL to undertake manufacturing of LBEGF at its stateof-the-art facility at Pune, where various high-end and mission-critical EO and laser systems are being manufactured for the past three decades.
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.