The deal involves upgrading the existing National Command, Control, Communication and Intelligence (NC3I) network to the NMDA network with AI-enabled software integration
Trent and BEL's entry into the BSE Sensex may drive $708 million in passive inflows, while Nestle and IndusInd Bank face outflows following their exclusion, per Nuvama estimates
Technical charts show that HAL and BEL have zoomed around 1,000 per cent in little more than 5 years post a significant breakout on the monthly scale.
The two firms also intend to jointly develop manufacturing solutions for BEL's products by leveraging shared knowledge, best practices, and technical resources, Tata Electronics said
The contracts from MDL and GRSE cover critical missile system spares for Indian Navy ships, adding to BEL's strong order pipeline across defence electronics and communications
Technical charts show that the RSI indicator of BEL and Tata Steel quotes in overbought territory, with a reading in excess of 70. Here's the likely trend ahead for these 2 stocks.
BEL share price rose after the company announced that it has bagged an additional order of ₹572 crore.
Q4 FY25 company results today: New India Assurance, NLC India, PI Industries, Borosil, Everest Industries and Gujarat Gas will be among 98 firms to post earnings reports for the Jan-Mar quarter
Cochin Shipyard, Garden Reach Shipbuilders, Mazagon Dock, Data Patterns, Paras Defence, Zen Tech, Bharat Dynamics, Hindustan Aeronautics rallied by up to 8% in trade on Friday.
Nifty share price: Nifty has formed a bearish candle on the daily frame and has formed higher lows over the last two trading sessions
BEL, BDL, Mazagon Dock, HAL, Solar Inds, Astra Micro and Data Patterns seem favourably placed on the charts, and may gain up to 38%; here are key support, resistance levels for these 7 defence stocks.
Bharat Electronics hit four-month high of ₹317.90, rallied 4 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes on a healthy business outlook.
The northward move in BEL share price came after the company announced that it has signed a deal with the Defence Ministry worth Rs 2,210 cr, for supply of EW Suite for Mi 17 V5 Helicopters of IAF
Stocks to Watch on Tuesday: PN Gadgil Jewellers, Lemon Tree Hotels, Brigade Enterprises, Global Health, and auto stocks are among the top stocks to watch on April 8
The fall in BEL share price came after the company missed its revenue guidance for the financial year 2025 (FY25).
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