Bharat Electronics Ltd (BEL), a Navratna PSU company informed the exchanges that it has won orders worth ₹ 4,300 crores from the Indian Army and the Indian Navy. The Ministry of Defence has signed a contract worth ₹ 3000 crores with BEL for the supply of integrated electronic warfare systems for the Indian Army. These [...]
The Ministry of Defence has signed two contracts worth ₹ 3800 crores with Navratna PSU Bharat Electronics Ltd (BEL) for the supply of Medium Power Radar and Digital Radar Warning Receiver (RWR) for the Indian Air Force. Shares of BEL were trading at ₹ 92.85 apiece at 12:08 PM on Friday. The medium power radar [...]
The shares of Hindustan Aeronautics Ltd. (HAL) increased by 4.7% to touch their near 52-week high of Rs 2,850 during the early hours of trading on Friday. This rise comes on the back of Defence Minister Rajnath Singh approving a large capital project worth Rs 70,584 crore to indigenously procure military hardware equipment. On Wednesday, [...]
State-owned aerospace and defence company Bharat Electronics Limited (BEL) has announced the record date for the second interim dividend. Its shares were trading at ₹ 93.45 apiece at 02:56 PM on Wednesday. According to an exchange filing, the company has announced a dividend of 450.00% on the face value of its shares of ₹ 1. [...]
Bharat Electronics Ltd. (BEL) a Navratna PSU company announced that it has signed a Frame Supply Agreement with Thales Reliance Defence Systems (TRDS), Nagpur, for the manufacture and supply of TR Modules, Radar LRUs (Line Replaceable Units) and Micro Modules. TRDS was incorporated in June 2017 under the Indian Companies Act, 2013. It is a [...]