
BEL bags order win from Indian Air Force
(20 second reading) Bharat Electronics Ltd (BEL) secured a Rs.593.22 crore contract from the Indian Air Force for comprehensive maintenance of the Akash Missile System, which it originally supplied. The contract highlights BEL’s key role in India’s defence and after-sales support. Despite this, BEL’s stock dropped 3.34% to Rs. 282.70, with a market cap of Rs. 2.06 lakh crore. Over the past two and three years, the stock has delivered impressive returns of 189.49% and 294.36%, respectively.
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