BEL bags Rs 1,075 crore contract from MoD; shares gain 5% in volatile market
Shares of Bharat Electronic Limited gained 5 per cent in Monday's intraday trade on the BSE after the Ministry of Defence signed a Rs 1,075 crore contract with Bharat Electronics Limited for the retro-modification of Commander Sight of Battle Tanks-T90 for the Indian Army.
As per BSE filing by the government-owned aerospace and defence company, the MoU has been signed to carry out retro-modification in 957 tanks. Source: PTI (representational pic)