Page 6 - Bharat Electronics

Bharat Electronics bags orders worth Rs 2,673 crore from two firms

Bharat Electronics Ltd (BEL) on Friday said it has received orders worth Rs 2,673 crore from Goa Shipyard Ltd and Garden Reach Shipbuilders & Engineers Ltd. The company in a BSE filing said this will have participation of electronics and associated industries including MSMEs, which are sub vendors of BEL. The equipment manufactured by BEL are part of Aatmanirbhar Bharat' programme, the filing added. "BEL received orders worth Rs 2,673 crore from Goa Shipyard Limited (Rs 1,701 crore) and Garden Reach Shipbuilders & Engineers ( Rs 972 crore) for supply of 14 types of sensors for use on Next Generation Offshore Patrol Vessels (NGOPV)," it said. The company has also received additional orders worth Rs 86.15 crore since the last disclosure on December 15, 2023 and the orders pertain to miscellaneous spares and services. With this, BEL has bagged cumulative orders worth Rs 25,935.15 crore in the current financial year, the company added.

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

Bharat Electronics up 4%; hits new high on securing orders worth Rs 3,915cr

With this BEL has in all received orders worth of around Rs 18,300 crore till now in the financial year 2023-24.

Stocks to Watch on Sept 18: L&T, Voda Idea, Vedanta, BEL, Dhanlaxmi Bank,

Stocks to Watch today, September 18, 2023: L&T's Rs 10,000-crore buyback will open on Monday, September 18, at Rs 3,200 per share

Stocks to Watch: IDBI Bank, Paytm, Hero Moto, Eicher, BEL, ICICI Bank, RVNL

Stocks to watch on September 4, 2023: The government has invited bids to appoint an asset valuer for its stake sale in IDBI Bank

Northeast Frontier Railway bags S Asia Award for 'Micro Project of Year'

The Northeast Frontier Railway on Saturday bagged the PMI South Asia Award for its 'Micro Project of the Year' that is, 'Intrusion Detection System' for saving elephant lives. The Intrusion Detection System (IDS) helps to detect elephants approaching the railway tracks and an alert is sent to the local pilot, station master, also station manager so the accident can be prevented.This marks the first-ever victory for a zonal railway under the Ministry of Railways since the inception of the award in 2009. This year, the NF Railway defeated BEL (Bharat Electronics) to bag this award.Last year, the micro category award was bagged by International Business Machines Corporation (IBM). Organisations like Bosch, IBM, L & T, Tata, SBI, Reliance, IOCL, BPCL, EIL, etc, participate in this prestigious annual award every year.Sabyasachi De, CPRO of NF Railway said, "For the 2023 awards, PMI South Asia took entry from organisations for projects completed by 31st March 2023. It has four gruelling

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

Defence PSU Bharat Electronics Limited bags orders worth Rs 3,289 crore

Navratna defence PSU Bharat Electronics Limited (BEL) has received new defence and non-defence orders worth Rs 3,289 crore during July and August 2023 (till date). The orders are for supply of Low Level Light Weight Radars, SONARS, IFF Systems, SATCOM Systems, EO/IR Payloads, TRM/DTRMs, Jammers, Encryptors, Data Link Systems, Fire Control Systems, Radars for Directed Energy Systems, Semi Rugged Telephone Exchanges, Software Defined Radios and various others types of radios, Electronic Voting Machines, AMC and Spares, the company said. These also include the LoI / order worth Rs 1,075 crore received on Friday from Hindustan Shipyards Limited for supply of CMS, Communication Systems, EW Systems and other sensors for Fleet Support Ships, the Bengaluru-headquartered BEL said in a statement. "These orders are in addition to the Rs 8,091 crore orders, which are already received. With this, BEL has in all received orders of Rs 11,380 crore till now in the financial year 2023-24", it said.

Stocks to Watch: Paytm, Reliance, BEL, Astra Microwave, Vedanta, ADF Foods

Stocks to watch on August 25, 2023: Paytm promoter Antfin is likely to sell a 3.6 per cent stake, or 23 million shares, in the fintech company via block deals today

Solid order book, indigenisation to keep defence stocks in demand: Analysts

Shares of Hindustan Aeronautics (HAL), Mazagon Dock Shipbuilders, MTAR Technologies, Bharat Electronics (BEL), and Bharat Dynamics (BDL) have skyrocketed up to 160 per cent in a year

Stocks to watch: Tata Steel, BEL, Paytm, Zydus Life, Crompton Greaves, NBCC

Stocks to watch: From Tata Steel to Bharat Electronics, here are few stocks likely to see action in Monday's trading session

Stocks to watch: Bharti Airtel, Delhivery, Zydus Life, Axis Bank, BEL, SBI

Stocks to watch today: From Bharti Airtel to Delhivery, here are top stocks to watch in Wednesday's trading session.

Defence stocks: HAL poised for a historic peak; BDL, BEL test key levels

HAL sets to hit new all-time and may rise up to 9 per cent. BDL and BEL need to cross key hurdles to breakout.

Aero India Show: Defence stocks a good long-term bet, say analysts

In the near-term, analysts believe a drop in the defence budget for financial year 2023-24, coupled with premium valuations of related stocks, could weigh on the sentiment

Bharat Electronics stock attractive after stake sale by Norges Bank

The strong order book, and the likelihood of better margins -- as the supply chain untangles and raw material costs decline -- are good reasons to back BEL in the long term

Hindustan Aeronautics told to conduct Aero India 2023 in February

"Hon'ble Raksha Mantri (Defence Minister) has approved that the DDP will conduct the 14th edition of Aero India 2023 at Air Force Station, Yelahanka, Bengaluru, from 13th- 17th February 2023"

BEL signs MoU with Aerosense Tech to leverage complementary strengths

Defence public sector undertaking Bharat Electronics Ltd (BEL) has signed a memorandum of understanding (MoU) with Aerosense Technologies Pvt Ltd for co-operation in the development and marketing of drones and soft kill aerial anti-drone. The MoU aims at leveraging the complementary strengths and capabilities of BEL and Aerosense Technologies Pvt Ltd, said a joint statement from the companies. The tie-up would enable the two companies design and develop drones and soft kill aerial anti-drone systems. Besides, the two would explore marketing and sale of drone-based solutions for applications in defence and civilian domains for the domestic and export markets.

Bharat Electronics partners Motorola in broadband, push-to-talk service

Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed an MoU with Motorola Solutions India Pvt Ltd for co-operation in the field of broadband, push-to-talk service. The MoU aims at leveraging the complementary strengths and capabilities of BEL and Motorola, the Bengaluru-headquartered company said in a statement. "It will enable BEL and Motorola to address the needs of professional mobile radio segment users to connect their teams with greater speed and efficiency using Motorola WAVE PTX, a push-to-talk (PTT) service," it said. WAVE PTX is a network independent multimedia communication service that instantly connects cross-functional teams at the push of a button without any boundaries, it was noted. BEL has also inked an MoU with INERY, Singapore, for co-operation in the field of Blockchain technology. The objective of the MoU is to take advantage of the combined strengths and capabilities of INERY and BEL in the field of Blockchain technology. "Integrating BEL's compleme