BEL Shares Rise With Strategic Air Force Contract Acquisition
BEL shareholders reacted positively to the news of an IAF order when their stock price rose 2% before market close. The Air Force awarded BEL a Rs 2,463 crore order to produce and distribute Ashwini Radar systems, indicating that BEL leads defence technology development in India. Implications Of The Ashwini Radar Order The Ashwini Radar…