Shares of Bharat Electronics Ltd (BEL), a number one defence PSU, gained 2% in morning commerce on 11 March after securing contemporary orders price Rs 843 crore. This consumption of latest orders brings the corporate’s whole order inflows for FY25 to Rs 14,567 crore.
The newest orders embrace RF seekers for goal detection and monitoring, vessel and air visitors administration methods, an electro-optic restore facility, radar upgrades, and numerous spares and providers.
Earlier, on 6 March, BEL had secured an order price Rs 577 crore for airborne digital warfare methods, submarine communication options, Doppler climate radar, and practice communication methods.
Moreover, the Navratna firm declared an interim dividend of Rs 1.50 per share for FY25, with 11 March set because the file date. The dividend will likely be distributed inside 30 days of declaration.
At 11:33 am, the shares of Bharat Electronics had been buying and selling 1.29% greater at Rs 275.83 on NSE.
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