BEL receives orders worth Rs. 1034.31 Crore

Navratna DPSU Bharat Electronics Limited (BEL) has received an order from Mazagon Dock Shipbuilders Ltd for a value of Rs.695 Crore for supply of spares related to the missile systems.

The company has also received additional orders worth Rs.339.31 Crore since the last disclosure on 261h Dec 2023 and these orders pertain to Combat Management System, Composite Communication System, Transmit / Receive Modules, Mobile Autonomous Stabilization System and other spares / services.

With the above, BEL has received cumulative orders of Rs.27,647.31 Crore in the current financial year.

Shares of Bharat Electronics Limited was last trading in BSE at Rs. 185.70 as compared to the previous close of Rs. 186.75. The total number of shares traded during the day was 599156 in over 6809 trades.

The stock hit an intraday high of Rs. 188.50 and intraday low of 183.70. The net turnover during the day was Rs. 111429916.00.

Source : Equity Bulls

Keywords

BharatElectronics INE263A01024 BEL Defence OrderWin