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Bharat Electronics Ltd. secured additional orders worth over ₹500 crore since September 11, 2024. With this, the company's order book for FY25 stands at ₹7,689 crore, supporting its growth trajectory.
Bharat Electronics Ltd. (BEL) has secured new orders valued at over ₹500 crore since September 11, 2024. These orders include contracts for EMI (electromagnetic interference) shelters, annual maintenance contracts for Integrated Air Command and Control System (IACCS) nodes, upgrades and spares for gun systems, radar spares, and communication systems. With the addition of these orders, BEL's total order book for the financial year has now reached ₹7,689 crore.
The latest contracts encompass critical defence and communication systems, reflecting BEL’s role as a significant supplier to India's defence sector. The orders for EMI shelters and maintenance contracts for air command systems are part of BEL's ongoing efforts to modernise and upgrade military infrastructure. Additionally, orders for radar spares and communication systems further strengthen BEL's contribution to enhancing the nation's defence capabilities.
BEL's order inflows for FY25 are projected to reach ₹25,000 crore, driven by new contracts and ongoing partnerships. As of September 11, 2024, the company had already secured orders worth ₹1,155 crore, bringing its total order book to ₹7,075 crore. The additional orders since then have pushed this figure to ₹7,689 crore. This robust pipeline is expected to continue supporting BEL’s growth in the coming quarters.
Since its inclusion in the Nifty50 index in late September, Bharat Electronics Ltd. shares have seen a decline, with no gains recorded in consecutive sessions. On October 1, BEL’s share price closed at ₹267.35 on the BSE, down 3.55%. Despite the recent dip, BEL remains a crucial player in India’s defence and electronics manufacturing sector.
The recent orders reflect Bharat Electronics Ltd.’s strategic role in supplying advanced defence systems to the Indian military. With its current order book standing at ₹7,689 crore, BEL is well-positioned to meet its order inflow target of ₹25,000 crore for FY25, providing continued support to its operational growth. The company’s future performance will be closely monitored, especially with respect to the Bharat Electronics Ltd. share price.
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