According to the official release, the order pertains to the supply of multiple strategic defense systems and equipment. BEL will provide various sensors, weapon systems, fire control systems, and communication equipment to Cochin Shipyard Limited.
“Navratna Defence Public Sector Undertaking Bharat Electronics Limited (BEL) has received an order valued at Rs 633 crore (excluding taxes) from Cochin Shipyard Limited. The order covers the supply of items for various sensors, weapon equipment, fire control systems, and communication equipment, the company said in a filing to the stock exchanges.
BEL share price history
Over the past year, Bharat Electronics Limited (BEL) shares have delivered an impressive 48% return, underscoring strong long-term performance. On a year-to-date (YTD) basis, the stock has risen 42%, reflecting solid momentum throughout the current calendar year.
In the past six months, BEL has climbed 39.18%, indicating significant mid-term strength. Over the last three months, it gained 4.37%, while in the most recent one-month period, the stock rose 2.13%, showing continued resilience even in the short term.
On Tuesday, BEL shares closed flat at Rs 417.60 on the BSE.Also read: HUL Q2 Preview: Profit may fall 5% YoY as GST transition, weak demand to hit earnings
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