Shares of Bharat Electronics Ltd (BEL) Touched a Record High at 426.65 Apiece on the bse on tuesday’s session. The belt share price has risen for the third straight session today. According to the weekly charts, belt share price has been on a bull run since last 10 weeks. Bel share price has gained over 38% in the span of three months.
This upbeat sentiment surrounding the defense stock in the last few sessions follow the company’s recent announs of second new orders valued at 585 Crore.
In an exchange filing, the company indicated that significant Orders SECURED Fire Control and Targeting Systems for Missiles, Communication Devices, Jammers, Spare Parts, and SubPPORT SAPPORT SAPPORT SAPPRPORTES AMON Otures.
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