BEL signs JDA with IIT Madras

Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed a Joint Development Agreement (JDA) with the Indian Institute of Technology Madras (IITM) for co-operation in the field of Quantum Science and Technology. The JDA aims at leveraging the complementary strengths and capabilities of BEL and IITM in the area of Quantum Science Technology development.

Indian Institute of Technology Madras (IITM) is known both nationally and internationally for excellence in technical education, basic and applied research, innovation, entrepreneurship and industrial consultancy. A faculty of international repute, a highly motivated and brilliant student community, excellent technical and supporting staff and an effective administration has all contributed to the pre-eminent status of IIT Madras. The Institute is proud to bear the laureate of being the No.1 engineering university in India. More recently, IIT Madras has been given the title of Institute of Eminence.

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 IITMadras JointDevelopmentAgreement QuantumScience Technology