BEL receives orders worth Rs. 3,289 Crore

Navratna Defence PSU Bharat Electronics Limited (BEL) has received new Defence and non-Defence orders worth Rs. 3,289 Cr. during July and August 2023 (till date).

Above orders are for supply of Low Level Light Weight Radars, SONARS, IFF Systems, SATCOM Systems, EO/IR Payloads, TRM/DTRMs, Jammers, Encryptors, Data Link Systems, Fire Control Systems, Radars for Directed Energy Systems, Semi Rugged Telephone Exchanges, Software Defined Radios and various others types of radios, Electronic Voting Machines, AMC and Spares. These also include the LoI / order worth Rs 1,075 Cr received today from Hindustan Shipyards Limited for supply of CMS, Communication Systems, EW Systems and other sensors for Fleet Support Ships.

These orders are in addition to the Rs. 8,091 Cr orders, which are already received. With this, BEL has in all received orders of Rs. 11,380 Cr till now in the financial year 2023-24.

Shares of Bharat Electronics Limited was last trading in BSE at Rs. 133.35 as compared to the previous close of Rs. 134.30. The total number of shares traded during the day was 1454862 in over 10717 trades.

The stock hit an intraday high of Rs. 138.20 and intraday low of 132.90. The net turnover during the day was Rs. 196912469.00.

Source : Equity Bulls

Keywords

BharatElectronics INE263A01024 BEL Defence OrderWin