BEL receives export orders worth Euro 25.75 Million from Thales Reliance Defence Systems

Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL) has obtained an export order worth Euro 25.75 Million (Estimated Value Rs.230 Crores) from Thales Reliance Defence Systems (TRDS) for the manufacture and supply of Transmit Receive (TR) modules. The TR modules will be used in the radars of fighter aircrafts.

Additionally, BEL has secured orders valued at Rs.192 Crores following the last disclosure on 28 June 2024 which comprises communication equipment, encryptors, spares and services for Radars, Fire Control Systems etc. With these, BEL has now accumulated orders totaling Rs.5,225 Crores in the current financial year.

Shares of Bharat Electronics Limited was last trading in BSE at Rs. 333.30 as compared to the previous close of Rs. 335.55. The total number of shares traded during the day was 2426015 in over 36150 trades.

The stock hit an intraday high of Rs. 337.50 and intraday low of 328.00. The net turnover during the day was Rs. 809994685.00.

Source : Equity Bulls

Keywords

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