Bharat Electronics Stock Falls 2% Despite ₹770 Crore Defence Ministry Radar Deal
Shares of Bharat Electronics Limited (BEL) declined on Thursday despite the Defence Ministry awarding the state-owned company a ₹770 crore contract for advanced low-level lightweight radars. BEL shares were trading at around ₹363.50, falling ₹7.70, or 2.07%. The contract covers improved low-level lightweight radars (LLLR-I), designed to strengthen the Indian Army's air defence capabilities…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
