Page 3 - Bharat Electronics Ltd

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

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

Bharat Electronics, Israel Aerospace Industries form joint venture firm

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 down 3% despite MCA nod for incorporating JV with Israel Aerospace Ind

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

BEL secures order for indigenous radar worth Rs 850 cr from Cochin Shipyard

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.

Nifty PSE off its all-time high; what's worrying the investors?

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

BEL stock surges on Rs 3,172 crore-order win from Armoured Vehicles Nigam

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

Bharat Electronics up 9%, m-cap crosses Rs 2 trillion on healthy Q4 results

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

Defense stocks on a roll; BDL, BEL, HAL, Cochin Shipyard rally 5%

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

ECIL, BEL refuse to disclose names of manufacturers of EVM, VVPAT parts

Electronics Corporation of India Ltd and Bharat Electronics Ltd have refused to disclose the names and contact details of the manufacturers and suppliers of various components of EVMs and VVPATs under the RTI Act citing "commercial confidence", according to RTI responses from the PSUs to an activist. Activist Venkatesh Nayak had filed two identical Right To Information applications with the ECIL and BEL, seeking the details of the manufacturers and suppliers of various components used in the assembling of the electronic voting machines (EVMs) and voter-verifiable paper audit trail (VVPATs). The VVPAT is an independent vote verification system which enables electors to see whether their votes have been cast correctly. The ECIL and the BEL, public sector undertakings under the Ministry of Defence, manufacture EVMs and VVPATs for the Election Commission. Nayak also sought a copy of the purchase orders for the components from both PSUs. "Information sought is in commercial confidence.

Bharat Electronics hits new high on strong outlook; zooms 27% in 15 days

In past 15 trading days, the stock of state-owned defence company has surged 27 per cent and zoomed almost 70 per cent in the last six months.

HAL, BEL, Data Patterns: Why is Jefferies bullish on these defence stocks?

Analysts at Jefferies see up to 32% further upside on Data Patterns stock, and up to 18% and 10% for BEL and HAL; owing to global geo-political tensions and India's focus on self-reliance.

BEL soars 5%, hits new high on record turnover in FY24, strong order book

Shares of Bharat Electronics (BEL) hit a new high of Rs 221.40 on the BSE in Tuesday's intra-day trade amid heavy volumes

Astra Microwave Products rallies 14% on winning Rs 386 cr order from BEL

According to analysts, the company's revenue growth is expected to be steady with an operating margin of around 19-21%, supported by a healthy order pipeline and improving geographical mix.

Defence ministry signs Rs 2,269 cr deal with Bharat Electronics Limited

The project will generate employment of two and half lakh man-days over a period of four years with the participation of more than 155 industry partners, including MSMEs, the company said

BEL bags Rs 2,673 crore order from Goa Shipyard, Garden Reach Shipbuilders

Bharat Electronics Limited (BEL) has bagged cumulative orders of worth Rs 25,935.15 crore till now in the current financial year, said the company

Defence ministry signs over Rs 5,300 cr deal with Bharat Electronics Ltd

The defence ministry on Friday sealed an over Rs 5,300 crore deal with state-run Bharat Electronics Ltd (BEL) for procurement of electronic fuzes for the Indian Army for a period of 10 years. An electronic fuze is an integral component of medium to heavy calibre artillery guns which provide sustained artillery firepower for military operations. The ministry said the fuzes are being procured for usage in artillery guns which are capable of lethal engagements in various kinds of terrain including high-altitude areas along the northern borders. It said the aim of the project is to build up ammunition stocks to minimise imports. "The Ministry of Defence on December 15 signed a landmark contract with Bharat Electronics Ltd, Pune for procurement of electronic fuzes for the Indian Army for a period of 10 years, at a total cost of Rs 5,336.25 crore," it said. "As part of the 'Aatmanirbhar Bharat' vision, this contract has been signed for ammunition procurement under 'manufacture of ammuni

Ammunition manufacturing: MoD inks Rs 5,336 cr contract with BEL

The 10-year contract between the defence ministry and BEL has been signed for the procurement of electronic fuzes for Indian Army

Order backlog and pipeline offer strong revenue visibility for BEL

Brokerages believe that the existing orders and incremental orders to follow should help the company exceed its annual targets

BEL bags Rs 2,118.57 crore order from Cochin Shipyard for various equipment

Bharat Electronics Limited received an order of Rs 2,118.57 crore from Cochin Shipyard Limited for supply of various equipment consisting of sensors, weapon equipment, fire control systems and communication equipment for six numbers of next generation missile vessels and class of anti-surface warfare corvettes for Indian Navy. This project will have participation of Indian electronics and associated industries, including MSMEs, which are sub-vendors of BEL, Bengaluru-headquartered BEL said in a statement on Friday. The equipment manufactured by BEL are part of 'Aatmanirbhar Bharat' programme. The company has also received additional orders worth Rs 886 crore since the last disclosure on August 25 and the said orders pertain to upgrade of AFNET SATCOM N/W, upgrade of Akash missiles with RF Seeker, inertial navigation system and other equipment with accessories and spares, among others. "With this, BEL has in all received orders worth Rs 14,384 crore till now in the financial year .

BEL makes vehicle for NDRF to respond to biological, chemical disasters

State-owned Bharat Electronics Limited (BEL) has designed and manufactured a vehicle for the National Disaster Response Force to respond to incidents involving hazardous chemicals, biological or radiological substances, a release said. The first CBRN (Chemical Biological Radiological Nuclear) HAZMAT (Hazardous Material) vehicle for NDRF was flagged off at BEL's Pune unit on Wednesday, it said. This vehicle is yet another achievement in BEL's Make in India and Atmanirbhar Bharat initiatives, said the release. The vehicle is used to detect, monitor and respond to hazardous chemical, biological or radiological incidents, where it is vital to plug or seal the source of contamination to contain any further release of hazardous substances, the release said. The vehicle has a spacious operator compartment integrated with a wide range of user-friendly Chemical-Biological-Radiation-Nuclear detection and identification sensors, it said. It has a hand-held thermal imager, providing night vis