Latest news with #NavratnaDefencePSU
Time of India
2 days ago
- Business
- Time of India
BEL shares in focus after securing fresh orders worth Rs 528 crore for radars, EVMs, and defence systems
Shares of Bharat Electronics Limited (BEL) will be in focus after the Navratna Defence PSU announced fresh orders worth Rs 528 crore since June 20, 2025. The orders span radars, communication systems, EVMs, jammers, and more. Additionally, BEL signed an MoU with VVDN Technologies to boost domestic manufacturing and technology development, strengthening India's defence and electronics self-reliance. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads BEL share price target Shares of Bharat Electronics Limited BEL ) will be in focus on Tuesday after the Navratna Defence PSU announced fresh orders worth Rs 528 crore since its last update on June 20, newly acquired orders cover a wide range of strategic and defence equipment, including radars , communication systems, electronic voting machines (EVMs), jammers, shelters, control centres, spares, and related last week, BEL signed a Memorandum of Understanding (MoU) with VVDN Technologies to collaborate on domestic manufacturing and technology development. The partnership aims to enhance India's self-reliance in the defence and electronics Technologies is a provider of software, electronics engineering, and manufacturing solutions. The strategic partnership will focus on key areas such as Wi-Fi and 5G-based networking subsystems, software-defined networking solutions, radar technologies, and naval systems, serving sectors like defence, railways, and other priority June 6, BEL also announced a strategic tie-up with Tata Electronics to explore opportunities in semiconductors and advanced electronics. The scope of the partnership includes chip design, OSAT (Outsourced Semiconductor Assembly and Test), and fabrication, aligning with India's ambitions for self-sufficiency in high-tech to Trendlyne, the average analyst target for BEL is Rs 407, indicating a slight downside of about 3% from current levels. Of the 23 analysts covering the stock, the consensus rating remains 'Buy'. BEL shares have rallied nearly 43% year-to-date and have delivered a robust return of 235% over the past two years. The company currently has a market capitalisation of approximately Rs 1.5 lakh crore.
News18
23-06-2025
- Business
- News18
BEL Shares Rally To All-Time High, Market Cap Hits Rs 3 Billion; Should You Buy?
BEL Share Price: BEL's order book has swelled for FY26 to cross Rs 70000 crore. Navratna Defence PSU has secured a latest order worth Rs 585 crore on June 5, 2025.
