Friday 22 February 2019

Shares Of Bharat Electronics Rose As Much As 2 Percent In Early Trade

Shares of Bharat Electronics rose as much as 2 percent in early trade after signing an MoU with Nagpur-based JSR Dynamics.

"The MoU aims at leveraging the individual design and manufacturing capabilities of BEL and JSR to develop weapons and light weight cruise missiles," BEL said in a statement.

BEL also signed an agreement with Hughes India to work on satellite communication solutions for helicopters under the Ministry of Defence.

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