Stock gains as BEL’s “Akashtveer” air defence system empowers indigenization
BEL’s Akashteer boosts India’s air defence, stock jumps over 10% in five days
On a significant approach towards indigenization of air defence system that boosts the entire nation with utmost security and protection from recent heinous attacks from Pakistan, the shares of Bharat Electronics are must to watch as the AI-driven, fully automated ‘Akashteer’ air defence system, developed indigenously has demonstrated outstanding performance during recent drone attacks and effectively neutralizing aerial threats the moment they breached Indian airspace.
With this achievement the stock has been trend for the investors as the company is strengthening its defence structure and production vigorously.
According to BEL, the advanced platform successfully intercepted multiple threats, including drones, missiles, micro UAVs, and loitering munitions, establishing itself as a globally competitive and operationally ready defence asset.
According to the Social Post X made, “BEL is proud to announce that our in-house designed and manufactured air defence system, Akashteer, has proved its mettle on the battlefield. Ground-based defence systems integrated with Akashteer made it hell for Pakistan’s air adventures,”.
“The system performed beyond users’ expectations, providing robust air defence to India during the current conflict. Akashteer ensures a seamless and unified air situational picture accessible to even the lowest operational units of Army Air Defence, thereby enhancing situational awareness across the force,” it added.
“Akashteer empowers frontline units by enabling dynamic engagement decisions and preventing friendly-fire incidents,” BEL added.
The Akashteer system costing around Rs 1,982 crore was a major contract signed in March 2023. It integrates surveillance assets, radar systems, and command units into a unified network, providing real-time situational awareness to the Indian Army’s air defence units.
The system encrypts surveillance of low-level airspace over battle zones and ensures precise control over ground-based air defence weapon systems.
Shares of Bharat Electronics Ltd are trading above 10.21% in the consecutive five day’s trading sessions. The stock has been witnessing a continuous growth in the recent market sessions.
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