Bharat Electronics Ltd

BEL share price: The northward move in BEL share price came after the company announced that it has secured an order for Ashwini Radars worth Rs 2,463 crore, from the Indian Air Force (IAF)

The rise in the Bharat Electronics share price came after the company announced that it has secured additional orders worth Rs 843 crore

Bharat Electronics Limited and Safran Electronics & Defense, France have signed a MoU to create a joint venture for manufacturing, customising, sales and maintenance of HAMMER, a precision guided air-to-ground weapon, in India. HAMMER (Highly Agile Modular Munition Extended Range) is a combat-proven weapon system known for its high accuracy and modular design making it adaptable for multiple platforms including the Rafale and LCA Tejas. The Memorandum of Understanding (MoU) was signed by K V Suresh Kumar, Director (Marketing) of BEL, and Alexandre Ziegler, Executive Vice President of Safran Electronics & Defense, in the presence of Manoj Jain, Chairman and Managing Director of BEL, Franck Saudo, CEO of Safran Electronics & Defense at Aero India on Tuesday. "The proposed joint venture between BEL and Safran Electronics & Defense will be a major step toward strengthening India's capabilities in defense manufacturing and achieving self-reliance in advanced weapon systems.

At 6:36 AM, GIFT Nifty Futures were trading 47 points lower at 23,568, indicating a negative start for the Indian bourses

Among the top highlights of Bharat Electronics Q3 performance include a 39% Y-o-Y growth in execution and a 330 bps expansion in Ebitda margin to 28.9 per cent, surpassing analyst expectations

The rise in the BEL share price came on the back of an additional order win worth Rs 561 crore

On the bourses, BEL and Data Patterns have given solid returns. On a year-to-date (Y-T-D) basis, BEL soared over 59%, while Data Patterns gained 35%

PSU major Bharat Electronics' new contracts platform screen doors for metro rail, radars, communication equipment and more

The uptick in the BEL share price came on the back of an additional order win worth Rs 634 crore

The Defence Acquisition Council (DAC) accorded Acceptance of Necessity for five capital acquisition proposals worth over Rs 21,772 crore.

Akash surface-to-air missile system battery being exported to 'friendly foreign country', widely speculated to be Armenia, though not officially confirmed

PSU stocks such as ONGC, HAL, Oil India, SJVN and BEL have retraced up to 50% of its previous rally; tech charts indicate that as long as the recent lows are protected a bounce back seems likely.

BEL share rises on securing additional orders worth Rs 500 crore; details

Navratna defence PSU Bharat Electronics Limited (BEL) and Israel Aerospace Industries (IAI), Israel's leading aerospace and defence company, have announced the establishment of a joint venture company (JVC), which has been incorporated in the name of BEL IAI AeroSystems Private Ltd. The JVC with its registered office in Delhi shall be the single point of contact (SPOC) for extending long-term product support to the Medium Range Surface-to-Air Missile (MRSAM) systems of India's defence forces, Bengaluru-headquartered BEL said in a statement on Thursday. "The partnership marks another significant step in cementing the relationship between the two companies that have a long history of association for strategic programmes. BEL and IAI are collaborating on several joint programmes for the Tri-services," it said. BEL said the JVC has been set up to provide life cycle support, both technical and maintenance related, for MRSAM air-defence systems of the country. MRSAM is an advanced, ...

BEL share price dropped despite the company securing the Ministry of Corporate Affairs (MCA) approval to incorporate 'BEL IAI AeroSystems Private Limited'.

Navratna Defence PSU Bharat Electronics Limited has secured an order worth Rs 850 crore from Cochin Shipyard Limited for the supply of indigenous Multi-Function Radar in X Band on Wednesday. The fully indigenous radar, designed by DRDO and manufactured by Bharat Electronics Limited (BEL), is capable of detecting, acquiring and tracking airborne targets to provide protection for naval ships, according to a press release. T D Nandakumar, General Manager (ADSN), BEL, received the order from Sreejith, Director (Operations), Cochin Shipyard Limited (CSL), in the presence of K V Suresh Kumar, Director (Marketing), BEL, V J Jose, Director (Finance), CSL, and Prabha Goyal, Executive Director (National Marketing), BEL.

In the past two months, major PSE index constituents are experiencing profit booking. Here's how analysts view the space

The rise in share price came on the back of an order win worth Rs 3,172 crore from Armoured Vehicles Nigam Limited (AVNL)

The stock of state-owned defence company is quoting higher for the sixth straight trading days and zoomed 26 per cent during the period

The Government of India's initiatives to make India self-reliant in providing weapon systems to the Indian Armed Forces and clearance for export to FFCs have opened plenty of opportunities for defense