This is the biggest ever order received by BEL for avionic systems
Bajaj Finance: The daily chart depicts three back-to-back 'Doji' candles and the first one specifically can be termed as a 'Gravestone Doji'
The MoD, on Monday, announced a list of 108 items of defence equipment that must be compulsorily procured from indigenous sources according to provisions in the Defence Acquisition Procedure 2020
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' ...
The deal is worth over Rs 1,000 crore
Defence contributed 82 per cent of sales revenue of BEL in 2019-20, up from 68 per cent in the previous fiscal
BHEL, BEL to develop products for defence, non-defence applications
For FY20, the firm has generated orders worth Rs 9,000 crore. Achieving its full-year guidance of Rs 15,000 crore may now not be difficult, say analysts
Total income from operations also declined by 14.62 per cent to Rs 36.08 billion