Centum Electronics shines on inking MoU with Bharat Electronics
Centum Electronics is currently trading at Rs. 2769.90, up by 101.15 points or 3.79% from its previous closing of Rs. 2668.75 on the BSE.
The scrip opened at Rs. 2670.00 and has touched a high and low of Rs. 2815.00 and Rs. 2660.00 respectively. So far 6315 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs 2,815.00 on 20-Aug-2025 and a 52 week low of Rs. 1140.15 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs. 2815.00 and Rs. 2420.45 respectively. The current market cap of the company is Rs. 4089.76 crore.
The promoters holding in the company stood at 51.52%, while Institutions and Non-Institutions held 17.37% and 31.12% respectively.
Centum Electronics (Centum) has entered a Memorandum of Understanding (MoU) with Bharat Electronics (BEL), a leading defence Public Sector Undertaking under the Ministry of Defence, Government of India.
This MoU establishes a framework for strategic collaboration between Centum and BEL across defence electronics domains, with a focus on areas such as Electronic Warfare (EW) systems, Radar systems and Secure Military Communication systems. The purpose of this MoU is to leverage the complementary strengths of both organisations in design, development, and manufacturing of advanced defence electronics solutions for the Indian Armed Forces and allied markets.
Centum Electronics is basically engaged in designing and manufacturing of advanced electronics systems, subsystems, and components.
