Latest news with #OutsourcedSemiconductorAssemblyandTest
Economic Times
5 hours ago
- Business
- Economic Times
BEL shares in focus after securing fresh orders worth Rs 528 crore for radars, EVMs, and defence systems
Live Events BEL share price target (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel 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.
Time of India
5 hours 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.
Time of India
23-06-2025
- Business
- Time of India
BEL shares in focus after securing Rs 585-crore defence orders; June tally nears Rs 3,500 crore
Shares of Bharat Electronics Ltd (BEL) will be in focus on Monday after the state-owned defence electronics major announced fresh orders worth Rs 585 crore, adding to a string of recent wins that have pushed its total order inflow for June to nearly Rs 3,500 crore. Also Read: 11 Nifty mid & smallcap stocks that can rally 40-90% over the next 12 months by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Your IQ Is 140 If You Can Answer 10 Of These Questions Correctly IQ International Undo In a stock exchange filing on Friday (June 20), BEL said the new orders include fire control systems, missile sighting systems, communication equipment, jammers, critical spares, and associated services. This follows BEL's strategic partnership with Tata Electronics, announced on June 6. The two firms signed a memorandum of understanding (MoU) to jointly pursue opportunities in semiconductors and advanced electronics, including chip design, OSAT (Outsourced Semiconductor Assembly and Test), and fabrication. The move aligns with India's push for self-reliance in high-tech manufacturing. Earlier, on June 4, BEL had announced Rs 537 crore worth of new contracts for advanced communication systems, shipborne equipment, jammers, simulators, and other defence electronics. Live Events That was followed by a major Rs 2,323 crore order from Mazagon Dock Shipbuilders and Garden Reach Shipbuilders for base and depot spares to support missile systems on Indian Navy vessels. With these wins, BEL's total order inflow for June now stands at nearly Rs 3,500 crore, reinforcing its key role in India's defence and aerospace ecosystem. BEL share price target According to Trendlyne, the average analyst target for BEL is Rs 405, suggesting a slight downside of about 1% from current levels. Of the 23 analysts tracking the stock, the consensus rating remains 'Buy'. On the technical front, the Relative Strength Index (RSI) is at 72.8—indicating overbought territory, which could signal a potential pullback. However, the stock continues to trade above its 20-day, 50-day, 100-day, and 200-day simple moving averages (SMAs), reflecting strong bullish momentum. BEL shares have gained around 40% year-to-date and delivered an impressive return of 225% over the past two years. The company's current market capitalisation stands at approximately Rs 1.45 lakh crore. Also Read: US strikes on Iran may rattle markets: Will Nifty, Sensex react to escalating geopolitical risk? ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Economic Times)
Economic Times
23-06-2025
- Business
- Economic Times
BEL shares in focus after securing Rs 585-crore defence orders; June tally nears Rs 3,500 crore
Shares of Bharat Electronics Ltd (BEL) will be in focus on Monday after the state-owned defence electronics major announced fresh orders worth Rs 585 crore, adding to a string of recent wins that have pushed its total order inflow for June to nearly Rs 3,500 crore. ADVERTISEMENT Also Read: 11 Nifty mid & smallcap stocks that can rally 40-90% over the next 12 months In a stock exchange filing on Friday (June 20), BEL said the new orders include fire control systems, missile sighting systems, communication equipment, jammers, critical spares, and associated services. This follows BEL's strategic partnership with Tata Electronics, announced on June 6. The two firms signed a memorandum of understanding (MoU) to jointly pursue opportunities in semiconductors and advanced electronics, including chip design, OSAT (Outsourced Semiconductor Assembly and Test), and fabrication. The move aligns with India's push for self-reliance in high-tech on June 4, BEL had announced Rs 537 crore worth of new contracts for advanced communication systems, shipborne equipment, jammers, simulators, and other defence electronics. That was followed by a major Rs 2,323 crore order from Mazagon Dock Shipbuilders and Garden Reach Shipbuilders for base and depot spares to support missile systems on Indian Navy vessels. ADVERTISEMENT With these wins, BEL's total order inflow for June now stands at nearly Rs 3,500 crore, reinforcing its key role in India's defence and aerospace ecosystem. ADVERTISEMENT According to Trendlyne, the average analyst target for BEL is Rs 405, suggesting a slight downside of about 1% from current levels. Of the 23 analysts tracking the stock, the consensus rating remains 'Buy'.On the technical front, the Relative Strength Index (RSI) is at 72.8—indicating overbought territory, which could signal a potential pullback. However, the stock continues to trade above its 20-day, 50-day, 100-day, and 200-day simple moving averages (SMAs), reflecting strong bullish momentum. ADVERTISEMENT BEL shares have gained around 40% year-to-date and delivered an impressive return of 225% over the past two years. The company's current market capitalisation stands at approximately Rs 1.45 lakh crore. Also Read: US strikes on Iran may rattle markets: Will Nifty, Sensex react to escalating geopolitical risk? (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
06-06-2025
- Business
- Time of India
BEL, Tata Electronics ink pact to boost India's semiconductor self-reliance
Navratna defence PSU Bharat Electronics Ltd ( BEL ) on Friday announced that it signed a Memorandum of Understanding (MoU) with Tata Electronics to jointly develop indigenous electronics and semiconductor solutions, aligning with the government's push for self-reliance in critical technologies. The MoU was formalised on June 5, 2025, at Bombay House, the Tata Group headquarters in Mumbai, the company said in an exchange filing. The agreement was signed by Manoj Jain, Chairman & Managing Director of BEL, and Dr Randhir Thakur, CEO & MD of Tata Electronics. Under the partnership, BEL and Tata Electronics will explore end-to-end collaboration in areas such as semiconductor fabrication (Fab), Outsourced Semiconductor Assembly and Test (OSAT), and design services. The goal is to meet BEL's present and future needs for advanced components, including Microcontrollers (MCUs), Systems-on-Chip (SoCs), Monolithic Microwave Integrated Circuits (MMICs), and other processors. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Gouvea: Quanto vale a sua casa? Descubra agora! Valor da casa | Anúncios de pesquisa Saiba Mais Undo The two companies also aim to develop optimal manufacturing solutions for BEL's product portfolio by leveraging knowledge sharing, best practices, and technical resources. 'This partnership is a strategic step toward strengthening India's capabilities in the semiconductor ecosystem,' BEL said in its exchange filing. Live Events
