Latest news with #NationalMaritimeDomainAwareness
Mint
25-07-2025
- Business
- Mint
Defence stock BEL gets a ₹1640 crore order from the Indian Army. Details here
Stock Market Today: Defence stock BEL announced having received a ₹ 1640 crore order from the Indian Army. Bharat Electronics Ltd., or BEL, has been buzzing with order flows and on 25 July 2025 announced having received a large order from the Indian Army. The BEL received the order as per its intimation to the National Stock Exchange, and the BSE, or the Bombay Stock Exchange, is for ₹ 1640 crore. The order received by BEL from the Indian army is for the supply of Air Defence Fire Control Radars (Atulya). Bharat Electronics received ₹ 563 crore in orders for July 2025, as disclosed on Thursday. According to a release on the exchanges, Navratna Defence PSU had received additional orders worth Rs563 crore since its last disclosure on June 30th, 2025. According to BEL, the company's major orders include National Maritime Domain Awareness, Inertial Navigation System for Guns, Communication Equipment, Active Antenna Array Unit, Satcom Interception System, Seekers, Target Acquisition System, Jammers, Spares, and Services, among others. Earlier on 30 June On June 30, 2025, it revealed fresh orders totaling ₹ 528 crore, and on June 20, it announced additional orders for ₹ 585 crore since the previous disclosure on June 5, 2025. Major orders included fire control and missile sighting systems. Communication equipment, jammers, spares, services, radars, EVMs, shelters, control centers, spares, and so on. BEL's share price has increased by more than 50% in the last six months, owing to robust order inflows. BEL's share price initially rose on Friday, despite a dismal beginning for the Indian stock market, but it quickly corrected as the sell-off in the Indian stock market gained traction. The Bharat Electronics share price oscillated between an intraday low of ₹ 393.50 and an intraday high of ₹ 400.70.
Business Standard
25-07-2025
- Business
- Business Standard
Bharat Electronics bags additional defence orders worth Rs 563 cr
Bharat Electronics (BEL) has announced that it has secured additional orders worth Rs 563 crore since its last disclosure on 30 June 2025. According to an exchange filing, the new orders include a wide array of defence-related equipment and services such as the National Maritime Domain Awareness system, inertial navigation systems for guns, communication equipment, active antenna array units, SATCOM interception systems, seekers, target acquisition systems, jammers, spares, and other related services. The official announcement was made on 24 July 2025, after market hours. Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. The Government of India (GoI) remains BEL's largest shareholder with the current shareholding of 51.14%. Bharat Electronics (BEL)s standalone net profit surged 18.01% to Rs 2,104.78 crore on a 6.93% rise in revenue from operations to Rs 9,119.71 crore in Q4 FY25 over Q4 FY24.
Mint
25-07-2025
- Business
- Mint
Defence stock BEL gets a ₹1640 crore order from the Indian Army. Details here
Stock Market Today: Defence stock BEL announced having received a ₹ 1640 crore order from the Indian Army. Bharat Electronics Ltd., or BEL, has been buzzing with order flows and on 25 July 2025 announced having received a large order from the Indian Army. The BEL received the order as per its intimation to the National Stock Exchange, and the BSE, or the Bombay Stock Exchange, is for ₹ 1640 crore. The order received by BEL from the Indian army is for the supply of Air Defence Fire Control Radars (Atulya). Bharat Electronics received ₹ 563 crore in orders for July 2025, as disclosed on Thursday. According to a release on the exchanges, Navratna Defence PSU had received additional orders worth Rs563 crore since its last disclosure on June 30th, 2025. According to BEL, the company's major orders include National Maritime Domain Awareness, Inertial Navigation System for Guns, Communication Equipment, Active Antenna Array Unit, Satcom Interception System, Seekers, Target Acquisition System, Jammers, Spares, and Services, among others. Earlier on 30 June On June 30, 2025, it revealed fresh orders totaling ₹ 528 crore, and on June 20, it announced additional orders for ₹ 585 crore since the previous disclosure on June 5, 2025. Major orders included fire control and missile sighting systems. Communication equipment, jammers, spares, services, radars, EVMs, shelters, control centers, spares, and so on. BEL's share price has increased by more than 50% in the last six months, owing to robust order inflows. BEL's share price initially rose on Friday, despite a dismal beginning for the Indian stock market, but it quickly corrected as the sell-off in the Indian stock market gained traction. The Bharat Electronics share price oscillated between an intraday low of ₹ 393.50 and an intraday high of ₹ 400.70. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Hans India
10-07-2025
- Business
- Hans India
Indian Navy signs contract with BEL for NMDA project
Visakhapatnam: With an aim to strengthen maritime and coastal security, the Indian Navy signed a contract with Bharat Electronics Limited (BEL), Bengaluru for the implementation of National Maritime Domain Awareness (NMDA) project. The contract was signed in the presence of Vice Admiral Tarun Sobti, Deputy Chief of the Naval Staff, and Manoj Jain, chairman and managing director of BEL. Entailing upgradation of the existing National Command, Control, Communication and Intelligence (NC3I) Network to NMDA Network along with incorporation of AI-enabled software, the project will bring in an integrated approach to data collation, analysis and information sharing among various maritime stakeholders. As part of the project, the existing Information Management and Analysis Centre (IMAC) at Gurugram, nodal centre of NC3I Network, will also be upgraded into a multi-agency The project will be executed on a 'turnkey basis' and will be administered by the Indian Navy.
Time of India
09-07-2025
- Business
- Time of India
BEL shares in focus after signing contract with Navy for NMDA project to boost maritime surveillance
Live Events BEL share price target (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Bharat Electronics (BEL) will be in focus on Wednesday after the Indian Navy signed a contract with the Navratna Defence PSU for the implementation of the National Maritime Domain Awareness (NMDA) project, aimed at strengthening coastal and maritime agreement involves upgrading the existing National Command, Control, Communication and Intelligence (NC3I) Network to the more advanced NMDA Network, which will incorporate artificial intelligence-based software solutions.'The project will bring in an integrated approach to data collation, analysis and information sharing amongst the various maritime stakeholders,' the Ministry of Defence said in a part of the upgrade, the Information Management and Analysis Centre (IMAC) in Gurugram — currently the nodal hub for the NC3I Network — will be developed into a multi-agency NMDA centre with personnel from different national project will be executed on a turnkey basis under the administration of the Indian Navy, the ministry month, BEL secured orders worth over Rs 3,000 crore, including two contracts valued at Rs 2,323 crore from Mazagon Dock Shipbuilders (MDL), Mumbai, and Garden Reach Shipbuilders & Engineers (GRSE), Kolkata. The contracts cover the supply of base and depot spares for missile systems deployed on Indian naval vessels — critical for maintaining the systems' operational June 6, BEL also entered a strategic partnership with Tata Electronics to explore opportunities in semiconductors and advanced electronics. The collaboration will focus on areas such as chip design, OSAT (Outsourced Semiconductor Assembly and Test), and fabrication, aligning with India's push for self-reliance in high-tech per Trendlyne, the average target price for BEL is Rs 416, implying a marginal downside of around 1% from current levels. Among the 24 analysts tracking the stock, the consensus rating is 'Buy'.So far in 2025, BEL shares have surged nearly 44% and delivered a strong return of 240% over the past two years. The company's current market capitalisation stands at approximately Rs 3,08,509 crore.: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Economic Times)
