Bharat Electronics Ltd. (BEL) has secured new orders valued at ₹973 crore, enhancing its order book to ₹9,801 crore in the current financial year, the company said in a press release on the stock exchanges.
These new orders include a diverse range of defence and communication equipment, such as platform screen doors for metro rails, radars, communication tools, jammers, submarine sonar upgrades, and satellite communication (satcom) terminals.
Additionally, the orders cover test stations, spare parts, and various services.
With this latest batch of orders, BEL’s total order book for the current financial year has now surpassed ₹9,801 crore.
This significant order intake is expected to further bolster BEL’s position as a leading provider of advanced technology solutions for India’s defence and public sector infrastructure.
The company’s continued growth in securing high-value orders reflects its strong capabilities and market leadership in providing cutting-edge defence and communication solutions.
On December 23, 2024, Bharat Electronics’ share price rose by 1.03%, reaching ₹293.85 at 2:30 PM on the NSE. The stock opened at ₹294, higher than ₹290.85 at the previous close.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Dec 23, 2024, 2:38 PM IST
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