
Bharat Electronics shares jump 7% on winning orders worth ₹3,000 cr
The defence electronics company has received an order of ₹2,118.57 crore from Cochin Shipyard for the supply of various equipment to the Indian Navy.
The defence electronics company has received an order of ₹2,118.57 crore from Cochin Shipyard for the supply of various equipment to the Indian Navy.
Shares of BEL gained 2.9% to hit a fresh 52-week high of ₹138.20 on the BSE, while Astra Microwave Products rallied 7.7% to touch a 52-week high of ₹398.60.
Ministry of Defence also inked ₹19,600 crore worth contracts with Indian shipyards.
The PSU company has secured a contract worth ₹3,000 crore from the Indian Army and an ₹1,300-crore ordes from the Indian Navy.
Hindustan Aeronautics and Bharat Electronics hit their record highs on the BSE; Bharat Dynamics surges over 6% in intraday trade