Bharat Electronics gains on bagging orders worth Rs 3,289 crore during July-August

28 Aug 2023 Evaluate

Bharat Electronics is currently trading at Rs. 135.35, up by 2.00 points or 1.50% from its previous closing of Rs. 133.35 on the BSE.

The scrip opened at Rs. 136.35 and has touched a high and low of Rs. 136.40 and Rs. 134.90 respectively. So far 445904 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 138.20 on 25-Aug-2023 and a 52 week low of Rs. 87.00 on 30-Jan-2023.

Last one week high and low of the scrip stood at Rs. 138.20 and Rs. 126.80 respectively. The current market cap of the company is Rs. 99376.44 crore.

The promoters holding in the company stood at 51.14%, while Institutions and Non-Institutions held 42.18% and 6.68% respectively.

Bharat Electronics (BEL) has received new Defence and non-Defence orders worth Rs 3,289 crore during July and August 2023 (till date August 25). 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.

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. 

BEL is a multi-product, multi-technology, multi-unit conglomerate with various products in the areas of military communication, radars, naval systems, C4I systems, weapon systems, homeland security, telecom & broadcast systems, electronic warfare, tank electronics, electro-optics, professional electronic components and solar photovoltaic systems.

Bharat Electronics Share Price

287.95 -2.95 (-1.01%)
23-Dec-2024 09:57 View Price Chart
Peers
Company Name CMP
BHEL 237.40
Bharat Electronics 287.95
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