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Business Standard
Nov 22
Comment
Bharat Electronics (BEL) order backlog at the end of October 2009 stood at Rs 12,260 crore, up 18 per cent from Rs 10,390 crore as on April 1, 2009. The company has seen healthy order inflows of Rs 3,950 crore in the first half of 2009-10 and...
Business Standard
Nov 16
Comment
Bharat Electronics Ltd (BEL), the Bangalore-based public sector unit in the defence sector, is looking at a turnover of Rs 10,000 crore by 2012. Ashwani Kumar Datt, who recently took over as Chairman and Managing Director, spoke to Mahesh Kulkarni...
TANMAY OBSERVES!
May 3
Comment
Bharat Electronics (BEL)CMP Rs 955
Result Update first:-
BEL’s Q4FY2009 net sales increased by 19.3% year on year (yoy) to Rs2,735 crore, accounting for nearly 60% of the FY2009 net sales. Adjusted profit after tax (PAT) of Rs559.4...
TANMAY OBSERVES!
Mar 27
Comment
BHARAT ELECTRONICS (855) [BEL] is breaking out after a brief pause, next target can be 980-1000. Buy with SL of 815 on closing basis.
About Bharat Electronics:-
Bharat Electronics Limited is a major supplier of products and turnkey...
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Bharat Electronics Limited (BOM:500049) is a major supplier of products and turnkey systems to the Indian Defence Services. Over the years, BEL has diversified into manufacturing many civilian products as well. Large turnkey telecommunication solutions are also being offered to civilan market. Its products and services include: Defence Communication, Radars and Sonars, Telecomm, Broadcasting Equipments and studio systems, EVM (Electronic Voting Machines), Solar Products & Systems, Turnkey Systems.
- Exports play a key role in BEL's strategic perspective. The ranges of products and services exported have been increasing over the years. A number of international companies are using the facilities at BEL for contract manufacturing.
- BEL has manufacturing units at Panchkula, Kotdwara, Ghaziabad,Navi Mumbai, Pune, Hyderabad, Machlipatnam, Chennai and Bangalore. The registered office is situated in Bangalore.
- BEL has signed an MoU with BHEL to explore formation of a joint venture company for Solar Photo voltaic business. The JVC, besides export, will cater to Indian solar products requirements. A capacity of 250 MW is being envisaged to achieve economies of scale. Other MoU include - one with Boeing to jointly develop an analysis and experimentation centre in India, MoU with SELEX Galileo and Astra Microwave Products to explore opportunities in Electronic Warfare and for design and manufacture of Microwave components & assemblies, respectively. BEL has been selected by Northrop Grumman for the manufacture of F-16 Radar components. Just recently, BEL has finalized a JV with French Company Thales to jointly produce radars.
- [Customers of BEL - http://www.bel-india.com/index.aspx?q=§ionid=8]
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