*𝐁𝐡𝐚𝐫𝐚𝐭 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬 (𝐁𝐄𝐋) 𝐚𝐧𝐝 𝐈𝐬𝐫𝐚𝐞𝐥 𝐀𝐞𝐫𝐨𝐬𝐩𝐚𝐜𝐞 𝐉𝐨𝐢𝐧𝐭 𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐆𝐞𝐭𝐬 𝐀𝐩𝐩𝐫𝐨𝐯𝐞𝐝*
*𝙒𝙝𝙖𝙩'𝙨 𝙩𝙝𝙞𝙨 𝙡𝙖𝙩𝙚𝙨𝙩 𝙪𝙥𝙙𝙖𝙩𝙚*⁉️
>The Indian government has given the green light to a joint venture between Bharat Electronics Limited (BEL) and Israel Aerospace Industries (IAI).
>This new company, named BEL IAI AeroSystems, will focus on providing product support, repairs, and maintenance for Medium-Range Surface Air Missile (MRSAM) Systems used in India.
>This joint venture shows how India is ramping up its defence tech game by working with global players. It’s another step towards making sure India’s military systems stay in top shape and are ready for any challenges.
*𝘽𝙀𝙇 𝙎𝙩𝙤𝙘𝙠'𝙨 𝙋𝙚𝙧𝙛𝙤𝙧𝙢𝙖𝙣𝙘𝙚:*📈
>The stock has shot up 111% in the past year and 57% this year alone. The government’s focus on localising defence production has really helped BEL grow.
>Over the past five years, the stock has increased by a massive 700%. This makes BEL a major player benefiting from India’s increasing defence budget.
𝘼𝙗𝙤𝙪𝙩 𝘾𝙤𝙢𝙥𝙖𝙣𝙮:-
Bharat Electronics Limited (BEL) is a public sector undertaking (PSU) under the Ministry of Defence in India that designs, develops, manufactures, and supplies electronic products and systems. BEL was established in 1954 in Bengaluru to meet the needs of the Indian Defence services.
It primarily manufactures advanced electronic products for ground and aerospace applications. BEL is one of sixteen PSUs under the administration of Ministry of Defence of India. It has been granted Navratna status by the Government of India.
••Industry:- Aerospace, Avionics, Satellite communication, Defence
••Founded:- 1954 (70 years ago)
••Headquarters:- Bangalore, Karnataka, India
Stock Price:- INR 285.70
Market Cap:- INR 2,144.32 Billion
Rishabh Kale
Ingénieur Commercial Secteur Nucléaire - Jeumont Electric
2moEn avant !