At Aero India 2023, the biennial air show and aviation exhibition being held at Yelahanka Air Force Station, Bengaluru, Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed an MoU with the Indian Institute of Science (IISc), Bengaluru, to work together in Artificial Intelligence (AI), Machine Learning (ML) and other emerging technologies.
The MoU aims at leveraging the complementary strengths and capabilities of BEL and Indian Institute of Science. It will enable BEL and IISc, Bengaluru, to develop various products and services wherein Artificial Intelligence is embedded and integrated. IISc will provide specialised services in AI and ML for BEL to initiate various projects in terms of development of R&D solutions, Algorithms, training to BEL engineers, etc.
Shares of Bharat Electronics Limited was last trading in BSE at Rs. 97.80 as compared to the previous close of Rs. 94.65. The total number of shares traded during the day was 1416310 in over 10312 trades.
The stock hit an intraday high of Rs. 98.40 and intraday low of 94.25. The net turnover during the day was Rs. 136650688.00.