
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.
Ministry of Defence also inked ₹19,600 crore worth contracts with Indian shipyards.
The stock has touched a fresh all-time high of ₹672.75 intraday today, breaching its previous high of ₹598.90 touched on November 24, 2017.
INS Vikrant, built at a cost of ₹20,000 cr by Cochin Shipyard, is 262-metre long, 62-metre wide and weighs 45,000 tonne. Vikrant has 15 decks with 2,300 compartments, cabling has 2,400-km length
Coal India, Nuclear Power Corporation of India, Power Finance Corporation, Hindustan Aeronautics, Bharat Dynamics, Manganese Ore India and Cochin Shipyard paid the dividend tranches.