Bharat Electronics Ltd’s (BEL) shares have been scaling new highs lately. On Monday, the state-owned aerospace and defence electronics company’s shares registered a new 52-week high to ₹163.25 apiece. The positive momentum is primarily followed by the announcement of significant order wins totalling ₹3,915 crore last week, including a ₹580 crore order from the Indian Army for artificial magnetic conductors (AMC) of radars. BEL secured an additional order worth ₹3,335 crore, which includes various defence systems, such as artificial magnetic conductors for airborne, early-warning and control systems, and uncooled thermal imaging sights. With this, BEL’s order inflow stands at ₹18,298 crore so far in FY24.
Diese Geschichte stammt aus der December 12, 2023-Ausgabe von Mint Mumbai.
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Diese Geschichte stammt aus der December 12, 2023-Ausgabe von Mint Mumbai.
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