Announced Tue, 28 Apr · 17:10 IST
BHEL signs tech transfer deal with DRDO for naval vessel systems
BHEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.6%1-day move
₹354.60
prior close
₹356.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-1.1-0.7-1.2-0.6+6.9+5.9+8.6+14.6+13.2+14.8+17.2+16.9—
Up moveDown movePending
AI summary
BHEL has signed a Licensing Agreement for Transfer of Technology (LAToT) with NSTL-DRDO, Vishakhapatnam, to fabricate, install and commission the LM2500 Gas Turbine Infrared Suppression System (GT-IRSS) for naval vessels. The system was designed and developed by DRDO. Financial terms are confidential. The deal supports BHEL's diversification into the defence segment and aligns with the government's 'Make in India' initiative.
Likely market impact
Strengthens BHEL's defence vertical and naval platform capabilities, opening future revenue potential in naval defence orders.