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Source: Live Mint Shares of Bharat Electronics jumped 6% in early morning trade on Tuesday, April 8, reaching ₹288 apiece after the Defence Ministry signed a contract worth nearly ₹2,210 crore with the company on Monday. The contract is for the supply of Electronic Warfare (EW) suites for Mi-17V5 helicopters of the Indian Air Force….
Source: Live Mint Brokerage firm Elara Capital is positive on India’s defence industry in the long term due to higher budgetary allocation and focus on self-reliance. The brokerage firm is optimistic about the growth prospects of the sector due to the government’s focus on increasing defence production and the interest of global companies in India…
Source: Live Mint Dividend stock: The Navratna public sector undertaking (PSU) Bharat Electronic’s board will meet next week on March 5 to consider an interim dividend for the financial year 2024-25 (FY25), the company informed bourses on Tuesday, February 25. Bharat Electronics in a filing today said, “Pursuant to Regulation 29 of the SEBI (LODR)…
Source: Live Mint Over the past year, BEL has delivered a remarkable 59% return, cementing its position as a top-performing public sector undertaking (PSU) stock. While the stock has seen some short-term volatility, including a 0.52% decline over the last six months, its long-term prospects remain robust, fuelled by strong government support for defence modernization…
