BEL receives Rs.2,463 Crore order for Ashwini Radars from Indian Air Force

Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has signed a contract with Ministry of Defence valued at Rs.2,463 Crore (excluding taxes) for supply and services of Ashwini Radars. These fully indigenous AESA radars developed jointly by DRDO and BEL have integrated IFF with electronic scanning in azimuth and elevation and are capable of 4D surveillance. These mobile radars with advanced ECCM features are deployable on all terrains and can automatically detect and track aerial targets ranging from fighter aircrafts to slow moving targets.

With this, BEL has now accumulated orders totalling Rs.17,030 Crore in the current financial year.

Shares of Bharat Electronics Limited was last trading in BSE at Rs. 280.10 as compared to the previous close of Rs. 276.75. The total number of shares traded during the day was 1147326 in over 11026 trades.

The stock hit an intraday high of Rs. 285.80 and intraday low of 279.45. The net turnover during the day was Rs. 324241564.00.

Source : Equity Bulls

Keywords

BharatElectronics INE263A01024 BEL Defence OrderWin AshwiniRadars