PSU stock bags ₹1,220 crore order from Ministry of Defence, gains 3%
1 month ago

PSU stock bags ₹1,220 crore order from Ministry of Defence, gains 3%

Live Mint  

Stock market today: Public sector undertaking ) defence company Bharat Electronics bagged a ₹1,220 crore order from the Ministry of Defence on Thursday, February 20, following which the stock edged higher. The Ministry of Defence inked a contract worth ₹1220.12 crore with Bharat Electronics for the procurement of 149 Software Defined Radios for the Indian Coast Guard. Bharat Electronics bags ₹ 1,220 crore order As per the press release, the Ministry of Defence has signed a contract with M/s Bharat Electronics Limited, Bengaluru on February 20, 2025, for the procurement of 149 Software Defined Radios for the Indian Coast Guard at a total cost of ₹1220.12 crore under Buy category. Bharat Electronics share price hit an intraday low of ₹ ₹250.15 while its intra-day high stood at ₹260.65.

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