Synopsis:

D efence PSU receives work worth Rs 871 Crore, reflecting strong future potential and revenue visibility

The shares of a Navratna PSU that manufactures and supplies electronic equipment and systems to the defence sector were in the spotlight for receiving orders worth Rs 871 Crore.

With a market cap of Rs 3,09,935 Crore, the shares of Bharat Electronics Ltd closed at Rs. 426.95 per equity share up 1.7 percent from its previous day’s close price of Rs. 419.80

What’s the news?

Bharat Electronics Ltd has been awarded additional work orders in total worth Rs. 871 crore order since its last disclosure 4 days ago . Major orders received include fire control system, thermal imager, ground support equipment, upgrades, spares, services etc.

This comes after its last disclosure

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