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 fresh orders include shipborne communication systems, jammers, software, simulator upgrades, test rigs and spares, in addition to contracts signed earlier this quarter
Share prices of BDL, Data Patterns, GRSE and Paras Defence have more-than-doubled and zoomed up to 131 per cent from their respective three-month lows.
BEL share price has rallied 55 per cent from its previous month low of ₹252.25, touched on April 7, 2025
IndusInd Bank and Nestle India will be removed from the BSE Sensex as part of the index rebalancing effective June 23, 2025, with Trent and Bharat Electronics set to join the benchmark index
Bharat Electronics share price hit a new high of ₹379.90, gaining 4 per cent on the BSE in Wednesday's intra-day trade amid heavy volumes
Defence PSU Bharat Electronics posted ₹2,127 crore in Q4 net profit and ₹9,149.59 crore revenue from operations; FY25 full-year profit rose 33.55% on strong turnover
BEL share price rose after the company announced that it has bagged an additional order of ₹572 crore.
Defence stocks: At 9:26 AM, individually, shares of Bharat Dynamics were up 1.21 per cent, Hindustan Aeronautics (HAL) were up 1.91 per cent, Paras Defence and Space Technologies were up 2.08 per cent
Nifty50 has formed a small bodied bearish candle on a daily frame but has started to form higher lows from the last two sessions
The fall in BEL share price came after the company missed its revenue guidance for the financial year 2025 (FY25).
The Centre approved faster defence procurement guidelines along with granting preliminary approvals for military procurement proposals worth over ₹54,000 crore
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
Here's the complete list of stocks to watch next week, along with their corporate actions and key dates, as per BSE data
"Navratna defence public sector undertaking, Bharat Electronics Limited (BEL), has secured additional orders worth Rs 577 crore since the last disclosure on February 20, 2025," the filing read
The rise in the BEL share price came after the company announced that its Board of Directors has declared an interim dividend of Rs 1.50 per equity share for the financial year 2024-25
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.
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
Stocks to Buy Today: BHEL share price has formed a 'Bullish Engulfing' pattern on the daily chart. The upmove in BHEL share has seen good volumes