BEL receives orders worth Rs. 3,915 Crore

Bharat Electronics Limited received an order of Rs 580 Crore from Indian Army for AMC of Radars. This project will have participation of Indian electronics and associated industries, including MSMEs, which are sub-vendors of BEL.

The Company has also received additional orders worth Rs 3,335 Crore since the last disclosure on 151h Sept 2023 and the said orders pertain to AMC for AEW&C system (Airborne Early Warning & control), Uncooled TI sights, Software Defined Radios, SWIR pay load, AMC for IACCS, Passive Night Vision Binoculars etc.

All the equipment manufactured by BEL are part of,Aatmanirbhar Bharat' program.

With the above, cumulatively BEL has received orders worth Rs 18,298 Crore in the current financial year 2023-24.

Shares of Bharat Electronics Limited was last trading in BSE at Rs. 156.20 as compared to the previous close of Rs. 151.95. The total number of shares traded during the day was 1150027 in over 9978 trades.

The stock hit an intraday high of Rs. 157.15 and intraday low of 151.90. The net turnover during the day was Rs. 178615091.00.

Source : Equity Bulls

Keywords

BharatElectronics INE263A01024 Defence BEL OrderWIn IndianArmy Radars