Bharat Electronics rises on bagging orders worth Rs 962 crore
Bharat Electronics is currently trading at Rs. 280.85, up by 4.00 points or 1.44% from its previous closing of Rs. 276.85 on the BSE.
The scrip opened at Rs. 280.15 and has touched a high and low of Rs. 282.00 and Rs. 278.65 respectively. So far 41709 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 340.35 on 10-Jul-2024 and a 52 week low of Rs. 171.70 on 13-Feb-2024.
Last one week high and low of the scrip stood at Rs. 291.80 and Rs. 263.40 respectively. The current market cap of the company is Rs. 202371.23 crore.
The promoters holding in the company stood at 51.14%, while Institutions and Non-Institutions held 38.28% and 10.59% respectively.
Bharat Electronics (BEL) has signed a contract valued at Rs 610 crore for supply of Electro Optic Fire Control System (EOFCS) for Indian Navy. This fully indigenously developed system will be installed and integrated on board Indian Naval Platforms. The system is capable of panoramic/sector search, tracking all types of targets during day/night and engages the tracked targets with the medium range and short range gun mounts.
Additionally, BEL has secured other orders valued at Rs 352 crore following the last disclosure on January 28, 2025 which comprises anti drone system, fuzes, integrated fire detection and suppression system, vessel communication system, spares, services etc. With these, BEL has now accumulated orders totalling Rs 11,855 crore in the current financial year.
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.
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