desk
Share
News Topical, Digital Desk : The stock of defense sector giant Bharat Electronics can see action in Wednesday's session. After the market closed on Tuesday, the company has informed about getting orders. According to the company, these orders have been received since September 1st. In Tuesday's session, Bharat Electronics' stock has seen a rise and the stock has closed with a gain of more than one percent.
What information did the company give?
After the market closed on Tuesday, the company sent information to the stock market that it has received additional orders worth Rs 712 crore since the announcement of the order on September 1. These orders are related to IT infrastructure and cyber security solutions, ESM systems, block chain solution platform, communication equipment, spares and service. Earlier on September 1, the company had informed that between July 30 and September 1, the company had received orders worth Rs 644 crore. Including today's announcement, the company has informed about getting orders worth more than Rs 1350 crore in the month of September. The company is a government company in the defense sector which has the status of Navratna. How was the performance of the stock? In Tuesday's session, the stock closed at 403 with a gain of more than one percent. A year ago, the stock was trading below the level of 290. That is, the stock's year-long return is above 35 percent. The stock had hit a year's low of 240 in February this year and a year's high of 436 in July.
--Advertisement--
