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Sharekhan retains Buy rating on Bharat Electronics Limited (BEL) with a revised price target of Rs 190

Sharekhan retains Buy rating on Bharat Electronics Limited (BEL) with a revised price target of Rs 190 © Provided by Zee Business Bharat Electronics (BEL) remains well placed to make the most of upcoming opportunities under the government’s Aatmanirbhar Bharat programme and the budgeted defense capex (+19% increase yoy). In the recently announced defence budget for FY21-22, the capital expenditure has been increased to Rs 1.35 lakh crore (+19 yoy increase) wherein RS 7000 crore reserved for domestic procurement. Sharekhan retains Buy rating on Bharat Electronics Limited (BEL) with a revised price target of Rs 190. BEL having a major role to play in defence as it is present in all aspects of the defence sector remains a major beneficiary of the government defence capex. Seeking to ride on the government’s thrust on self reliance, BEL remains confident that the ongoing financial year will be better than the previous year.

List of 10 latest defence deals that India has signed in the last six months

IWI s Tavor X 95 rifleWikimedia Commons Until now, India got its Tavor X 95 rifles from the Israel Weapons Industry (IWI). Now, these guns are being made in India and being supplied to the central and state forces, according to The Print. 1. ​India-made Israeli Tavor X 95 rifles Until now, India got its Tavor X 95 rifles from the Israel Weapons Industry (IWI). Now, these guns are being made in India and being supplied to the central and state forces, according to The Print. Advertisement 2. ₹48,000 crore deal with Hindustan Aeronautics Limited to procure 83 new Tejas light combat aircraft Air Force s Tejas aircraft performs during the final day of the Aero India 2021 at Yelahanka air base in BengaluruBCCL

Ministry of Defence , Bharat Electronics Limited sign contract worth over Rs 1,000 crore to procure modern radio system

Representative Image Ministry of Defence , Bharat Electronics Limited sign contract worth over Rs 1,000 crore to procure modern radio system ANI | Updated: Feb 09, 2021 05:25 IST New Delhi [India], February 9 (ANI): Ministry of Defence and defence public sector undertaking Bharat Electronics Limited (BEL) on Monday signed a contract for procurement of Defence Research and Development Organisation (DRDO) developed Software Defined Radio Tactical (SDR-Tac) worth over Rs 1,000 crore here. In an official release, Ministry of Defence said that the SDR-Tac, jointly designed and developed by Defence Electronics Applications Laboratory (DEAL) of DRDO through a consortium of domestic agencies and industry, comprising Weapons and Electronics Systems Engineering Establishment (WESEE), BEL, Centre for Artificial Intelligence and Robotics (CAIR) and Indian Navy will bring strategic depth to the Armed Forces.

Bharat Electronics secures order worth Rs 1000 cr from Ministry of Defence

For supply of SDR-TacBharat Electronics and Ministry of Defence have signed a contract for procurement of Software Defined Radio Tactical (SDR-Tac) worth Rs 1000 crore on 08 February 2021. The SDR-Tac, jointly designed and developed by Defence Electronics Applications Laboratory (DEAL) of Defence Research & Development Organisation (DRDO) through a consortium of domestic agencies and industry (Comprising Weapons and Electronics Systems Engineering Establishment (WESEE), Bharat Electronics, Centre for Artificial Intelligence & Robotics (CAIR) and Indian Navy) will bring strategic depth to the Indian Navy. The delivery will take place within three years. BEL is already supplying SDR Naval Combat (NC) version and SDR-Air is under user evaluation trial. DRDO and BEL are

MoD, BEL ink ₹1,000-cr pact to procure Software Defined Radio

MoD, BEL ink ₹1,000-cr pact to procure Software Defined Radio February 09, 2021 × Ministry of Defence (MoD) and Bharat Electronics Limited (BEL) signed a contract for procurement of Software Defined Radio Tactical (SDR-Tac) worth over ₹1,000 crore. The SDR-Tac, designed and developed by Defence Electronics Applications Laboratory of Defence Research & Development Organisation through a consortium of domestic agencies and industry (Comprising Weapons and Electronics Systems Engineering Establishment, Bharat Electronics Limited, Centre for Artificial Intelligence & Robotics and Indian Navy). The company, in a regulatory filing, said, “The delivery will be within three years. BEL is supplying SDRNaval Combat version and SDR-Air is under user evaluation trial. DRDO and BEL will provide the latest SDR to the Indian Navy.”

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