The strong order book, and the likelihood of better margins -- as the supply chain untangles and raw material costs decline -- are good reasons to back BEL in the long term
"Hon'ble Raksha Mantri (Defence Minister) has approved that the DDP will conduct the 14th edition of Aero India 2023 at Air Force Station, Yelahanka, Bengaluru, from 13th- 17th February 2023"
Defence public sector undertaking Bharat Electronics Ltd (BEL) has signed a memorandum of understanding (MoU) with Aerosense Technologies Pvt Ltd for co-operation in the development and marketing of drones and soft kill aerial anti-drone. The MoU aims at leveraging the complementary strengths and capabilities of BEL and Aerosense Technologies Pvt Ltd, said a joint statement from the companies. The tie-up would enable the two companies design and develop drones and soft kill aerial anti-drone systems. Besides, the two would explore marketing and sale of drone-based solutions for applications in defence and civilian domains for the domestic and export markets.
Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed an MoU with Motorola Solutions India Pvt Ltd for co-operation in the field of broadband, push-to-talk service. The MoU aims at leveraging the complementary strengths and capabilities of BEL and Motorola, the Bengaluru-headquartered company said in a statement. "It will enable BEL and Motorola to address the needs of professional mobile radio segment users to connect their teams with greater speed and efficiency using Motorola WAVE PTX, a push-to-talk (PTT) service," it said. WAVE PTX is a network independent multimedia communication service that instantly connects cross-functional teams at the push of a button without any boundaries, it was noted. BEL has also inked an MoU with INERY, Singapore, for co-operation in the field of Blockchain technology. The objective of the MoU is to take advantage of the combined strengths and capabilities of INERY and BEL in the field of Blockchain technology. "Integrating BEL's compleme
Investors may consider buying the stock on dips, say experts
Electric vehicle maker Triton Electric India has issued a letter of intent to defence public sector unit Bharat Electronics for the procurement of battery packs for its semi-truck project in India at an estimated value of Rs 8,060 crore, according to a regulatory filing. The 300 kilowatt lithium-ion battery packs are to be delivered by Bharat Electronics (BEL) to Triton in 24 months commencing from January 2023, the filing stated. "Triton Electric Vehicle India Pvt Ltd, a part of Triton Electric Vehicle LLC, USA today issued a letter of intent to Navaratna Defence PSU Bharat Electronics for procurement of 300 KW Li-Ion battery packs for its semi-truck project in India at an estimated value of Rs 8,060 crore," the filing said. BEL chairman and managing director Dinesh Kumar Batra received LoI from Triton Electric Vehicle LLC CEO and Founder Himanshu B Patel at Defexpo 2022 in Gandhinagar. "The purchase order for first-off quantity with 100 per cent advance payment has been handed ov
For the uninitiated, the Nifty Next 50 is the second-most important index after the Nifty50 as quite a number of ETFs track these two indices
Companies like BEL, BDL and HAL have strong order books and are prepping for the export market, say analysts
Healthy order book, tender pipeline and margin improvement are positives
NMDC shares drop 5.3%; ONGC, Coal India and Bharat Electronics likely to see inflows of $31-46 million on account of the rebalancing
The quarterly recapping of Nifty indices takes into account the changes in free-float market capitalisation (m-cap) of companies and realigns their weighting
BEL has ventured into new businesses such as arms and ammunition, medical electronic devices, and unmanned system platforms, says Anandi Ramalingam
Whether it is Markov analysis, or some other method for forecasting personnel requirements, the government is way behind in the use of modern techniques
Semiconductor shortage and execution delays, however, dented its FY22 performance
The ministry said the IEWR will be used to test and evaluate airborne electronic warfare (EW) equipment and validate their deployment in an operational scenario
BEL primarily manufactures advanced electronic products for the Indian Armed Forces
Order book, pipeline offer medium-term revenue visibility
Bharti Airtel has been trading in the consolidation range for the last two months after retesting the major support zone around Rs 520 levels
The company said it has a healthy order book position of Rs 53,434 crore as on April 1, 2021
Navaratna defence PSU Bharat Electronics Limited has achieved a record turnover of about Rs 13,500 crore (Provisional & Unaudited) during 2020-21, against previous financial year's figure of Rs 12,608 crore in spite of the challenges posed by COVID19 pandemic & intense competition in business. BEL's order book as on April 1 this year is around Rs 53,000 crore, the Bengaluru-headquartered company said in a statement. In 2020-21, BEL said it secured orders worth Rs 15,000 crore. Some of the major orders acquired during the year are: ICU ventilators, software defined radios & communication equipment, various types of radars, sonars, torpedo decoy systems, electronic warfare systems, networking & encryption products, and smart city projects. BEL achieved export sales of around USD 50 million during 2020-21. Major products exported include coastal surveillance system, trans-receive (TR) modules, 'Bharati Radio', 'Identification of Friend or FoeInterrogator' ...