logo
#

Latest news with #NavratnaDefencePSU

Bharat Electronics secures Rs 1,640 crore contract to supply Air Defence Fire Control Radars to Indian Army
Bharat Electronics secures Rs 1,640 crore contract to supply Air Defence Fire Control Radars to Indian Army

Business Upturn

time25-07-2025

  • Business
  • Business Upturn

Bharat Electronics secures Rs 1,640 crore contract to supply Air Defence Fire Control Radars to Indian Army

Bharat Electronics Limited (BEL), a Navratna Defence PSU, has signed a contract worth ₹1,640 crore (excluding taxes) with the Ministry of Defence. The agreement is for the supply of state-of-the-art Air Defence Fire Control Radars to the Indian Army. These advanced radars, designed by DRDO and manufactured by BEL, are fully indigenous and equipped to detect and track aerial threats both day and night, in all weather conditions. The systems feature built-in Electronic Counter Measures (ECM) capabilities and are capable of performing surveillance, target acquisition, tracking, and fire control for air defence guns. Modular in design, the radar systems are easy to deploy, operate, and maintain—making them a critical addition to India's defence infrastructure. This deal further strengthens BEL's position as a key player in India's self-reliance push in defence technology under the 'Make in India' initiative. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

BEL shares in focus after securing fresh orders worth Rs 528 crore for radars, EVMs, and defence systems
BEL shares in focus after securing fresh orders worth Rs 528 crore for radars, EVMs, and defence systems

Time of India

time01-07-2025

  • Business
  • Time of India

BEL shares in focus after securing fresh orders worth Rs 528 crore for radars, EVMs, and defence systems

Shares of Bharat Electronics Limited (BEL) will be in focus after the Navratna Defence PSU announced fresh orders worth Rs 528 crore since June 20, 2025. The orders span radars, communication systems, EVMs, jammers, and more. Additionally, BEL signed an MoU with VVDN Technologies to boost domestic manufacturing and technology development, strengthening India's defence and electronics self-reliance. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads BEL share price target Shares of Bharat Electronics Limited BEL ) will be in focus on Tuesday after the Navratna Defence PSU announced fresh orders worth Rs 528 crore since its last update on June 20, newly acquired orders cover a wide range of strategic and defence equipment, including radars , communication systems, electronic voting machines (EVMs), jammers, shelters, control centres, spares, and related last week, BEL signed a Memorandum of Understanding (MoU) with VVDN Technologies to collaborate on domestic manufacturing and technology development. The partnership aims to enhance India's self-reliance in the defence and electronics Technologies is a provider of software, electronics engineering, and manufacturing solutions. The strategic partnership will focus on key areas such as Wi-Fi and 5G-based networking subsystems, software-defined networking solutions, radar technologies, and naval systems, serving sectors like defence, railways, and other priority June 6, BEL also announced a strategic tie-up with Tata Electronics to explore opportunities in semiconductors and advanced electronics. The scope of the partnership includes chip design, OSAT (Outsourced Semiconductor Assembly and Test), and fabrication, aligning with India's ambitions for self-sufficiency in high-tech to Trendlyne, the average analyst target for BEL is Rs 407, indicating a slight downside of about 3% from current levels. Of the 23 analysts covering the stock, the consensus rating remains 'Buy'. BEL shares have rallied nearly 43% year-to-date and have delivered a robust return of 235% over the past two years. The company currently has a market capitalisation of approximately Rs 1.5 lakh crore.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store