Defense Stock, Bharat Electronics secures order worth Rs 561 crore, orderbook crosses Rs 10,000 crore
Out of the 26 analysts that have coverage on the Nifty PSU stock, 21 of them have a 'Buy' rating on BEL, while two have a 'Hold' rating and three have a 'Sell' rating on the stock.
Defense Stock, Bharat Electronics secures order worth Rs 561 crore, orderbook crosses Rs 10,000 crore
Bharat Electronics Ltd., a government-run defense equipment manufacturer and a Navratna defense stock, announced on Monday, January 13, that it has received orders totaling Rs 561 crore since its last update on December 23, 2024. The majority of these orders include communication equipment, electro-optics, upgrades for the satellite communication network, radar and fire control systems, as well as spare parts and services.
With these new orders, Bharat Electronics (BEL) has secured a total of Rs 10,362 crore in orders during the current financial year thus far.
Out of the 26 analysts that have coverage on the Nifty PSU stock, 21 of them have a 'Buy' rating on BEL, while two have a 'Hold' rating and three have a 'Sell' rating on the stock.
Shares of BEL settled 4.37% lower on Monday at Rs 259.15. The stock is up 1% so far in 2025.
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