BEL receives orders worth Rs.3,172 Crores

Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has signed a contract valued at Rs.3,172 Crs with Armoured Vehicles Nigam Limited (AVNL) on June 28, 2024, at AVNL Headquarters in Chennai. The project entails the supply and installation of an advanced, indigenously designed and developed Sighting and Fire Control System (FCS) for the upgrade of BMP 2/2K Tanks of the Indian Army, along with a comprehensive Engineering Support Package.

Additionally, BEL has secured other orders valued at Rs.481 Crs following the last disclosure on 22 May 2024 which comprises of Doppler Weather Radar, Classroom jammers, spares and services etc. With these, BEL has received accumulated orders totalling Rs.4,803 Crs in the current financial year.

Shares of Bharat Electronics Limited was last trading in BSE at Rs. 306.20 as compared to the previous close of Rs. 304.50. The total number of shares traded during the day was 2441311 in over 27901 trades.

The stock hit an intraday high of Rs. 309.90 and intraday low of 302.80. The net turnover during the day was Rs. 745989104.00.

Source : Equity Bulls

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BharatElectronics INE263A01024 BEL Defence OrderWin