Bharat Electronics Shares Fall Over 2% Despite Rs 770-Crore Radar Deal
Shares were trading lower on October 22 after the Defence Ministry signed a Rs 770-crore contract with Bharat Electronics for improved low-level lightweight radars.
Bharat Electronics shares were lower on October 22, following the defence ministry’s signing of a Rs 770-crore contract with the state-run defence electronics maker. The agreement covers improved low-level lightweight radars (LLLR-I), designed to detect and track fighter jets, as well as mini and micro drones.