HighPositive
Announced Tue, 23 Jun · 08:53 IST
Bharat Electronics shares in focus after defence PSU wins orders worth Rs 1,081 crore
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Bharat Electronics (BEL) secured defence orders worth Rs 1,081 crore, including communication equipment, radars, CBRN protection systems, seekers, and avionics upgrades. The company also reported earlier securing additional orders worth Rs 608 crore since May 5. For Q4 FY26, BEL posted a 5% year-on-year rise in consolidated net profit to Rs 2,226 crore on 11% revenue growth to Rs 10,224 crore, with Goldman Sachs maintaining a Buy rating (target Rs 475) and Nomura staying Neutral (target Rs 454).