Shares of Bharat Electronics Ltd (BEL), a leading defence PSU, gained 2% in morning trade on 11 March after securing fresh orders worth Rs 843 crore. This intake of new orders brings the company’s total order inflows for FY25 to Rs 14,567 crore.
The latest orders include RF seekers for target detection and tracking, vessel and air traffic management systems, an electro-optic repair facility, radar upgrades, and various spares and services.
Earlier, on 6 March, BEL had secured an order worth Rs 577 crore for airborne electronic warfare systems, submarine communication solutions, Doppler weather radar, and train communication systems.
Additionally, the Navratna company declared an interim dividend of Rs 1.50 per share for FY25, with 11 March set as the record date. The dividend will be distributed within 30 days of declaration.
At 11:33 am, the shares of Bharat Electronics were trading 1.29% higher at Rs 275.83 on NSE.
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