Bharat Electronics Share Price Live

Bharat Electronics Wins Rs 3,172 Crore Contract for Army Tank Systems Bharat Electronics Limited has signed a contract worth Rs.3,172 crore with AVNL for the Indian Army’s BMP 2/2K tanks upgraded with an indigenously designed system. Bharat Electronics Limited (BEL), incorporated in 1984, is an Indian Government-owned aerospace and defence electronics company. It primarily manufactures advanced electronic products for ground and aerospace applications. BEL is one of sixteen PSUs under the Ministry of Defence of India. The Government of India has granted it Navratna status. The company has a market capitalization of more than Rs.2.2 Lakh crores. BEL signed Rs.3,172 crore contract Bharat Electronics Limited (BEL), a leading Navratna Defence PSU, recently sealed a significant contract worth Rs 3,172 crore with Armoured Vehicles Nigam Limited (AVNL) at AVNL’s Chennai headquarters. The contract, finalized on Friday, marks a pivotal step in defence technology advancement. BEL, headquartered in Bengaluru, disclosed that the project involves supplying and installing an advanced, indigenous Sighting and Fire Control System (FCS) for upgrading BMP 2/2K tanks utilized by the Indian Army. This initiative also includes a comprehensive engineering support package to ensure seamless integration and operational effectiveness. The collaboration highlights BEL’s commitment to strengthening India’s defence capabilities through cutting-edge solutions tailored to modern warfare requirements. BEL stock jumps over 2% Bharat Electronics Limited (BEL) saw a notable uptick in its stock price during today’s morning trading session, climbing over 2% to reach a high of Rs.312 per share. Over the past six months, BEL’s stock has demonstrated impressive growth, surging by 66%. Looking back over the last year, the company’s stock has shown remarkable performance, skyrocketing by 140%. These gains highlight BEL’s strong market position and investor confidence, driven by strategic initiatives and favourable economic conditions conducive to growth in the defence sector and beyond. Conclusion: Bharat Electronics Limited (BEL) saw a notable uptick in its stock price during today’s morning trading session, climbing over 2% to reach a high of Rs.312.50 per share. is underscores BEL’s strength in securing strategic contracts, reinforcing investor confidence in its operational capabilities and growth prospects. 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.

Bharat Electronics bags order worth Rs 2,759 crore; complete details inside The company has accumulated cumulative orders worth Rs. 25,935.15 Crores in the ongoing financial year. Bharat Electronics a Prominent Central Public sector enterprise company manufactures and supplies electronic equipment and systems to the defence sector. It was established under the Ministry of Defence to cater to the electronic requirements of the Indian Defence. It also holds a designation of “Navratna” PSU company. The company is in the spotlight today due to its significant announcement regarding new orders received by the company from two shipping companies. Order Details According to the press release, Bharat Electronics Limited (BEL) secured orders totalling Rs. 2,673 Crores from Goa Shipyard Limited (with a value of Rs. 1,701 Crores) and Garden Reach Shipbuilders & Engineers (with a value of Rs. 972 Crores) for the supply of 14 types of sensors designed for the Next Generation Offshore Patrol Vessels (NGOPV). This project involves the participation of electronics and associated industries, including Micro, Small, and Medium Enterprises (MSMEs), which serve as sub-vendors for BEL. The equipment manufactured by BEL contributes to the ‘Atmanirbhar Bharat’ program. The company has also received additional orders worth Rs. 86.15 Crores since the last disclosure on 15th December 2023. These orders pertain to miscellaneous spares and services. With these latest developments, BEL has accumulated cumulative orders worth Rs. 25,935.15 Crores in the ongoing financial year. Stock Performance At the start of the day’s trading session, the stock opened at Rs 172.35 per share, indicating an approximate 1% increase compared to the previous day’s closing figure of Rs 170.60 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 174.20 per share on the BSE. The company’s current market capitalisation stands at Rs 1,27,300 crore, and the stock has generated an impressive return of 77% during the past one year and around 366% return in the past three years. Business Overview Bharat Electronics Limited is an India-based company that manufactures and supplies electronic equipment and systems for both the defence sector and non-defence markets. Its defence products encompass navigation systems, defence communication products, land-based radars, naval systems, electronic warfare systems, avionics, electro-optics, tank and armoured fighting vehicle electronic systems, weapon systems, simulators, and other related items. In the non-defence sector, the company provides cyber security, e-mobility, railways, e-governance systems, homeland security, civilian radars, turnkey projects, components/devices, and telecom and broadcast systems. Additionally, it provides services for designing and manufacturing optical and optoelectronic products and components operating in the UV, Visible, and IR spectrums. Disclaimer: This post 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.