Bharat Electronics Bags Fresh Orders Worth Rs648 Crore For Communication & AI Systems
India, Sept. 18 -- Bharat Electronics is back in focus, and not for the first time this quarter. The company flagged another Rs 648 crore in orders late Thursday, spanning jamming systems, communication equipment and cyber security contracts, its third such disclosure in as many months. It follows a nearly identical update from late August and lands right as the government works through a fresh set of large defence procurement clearances, leaving open just how much further this steady order flow can push the stock.
Shares of Bharat Electronics Ltd are trading at Rs. 398.15, up 0.70 percent on Friday. The stock touched the intraday high of Rs. 399.20 after opening at Rs. 397.40 before slipping to a low of Rs. 395.15. The company commands...
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