New Delhi, March 10 -- Investors in Bharat Electronics Ltd (BEL) stock are tracking whether it will meet its FY25 order inflow guidance of Rs.25,000 crore. Last week, the public sector defence company said it secured additional orders worth Rs.577 crore, bringing the total order inflows in FY25 so far to nearly Rs.14,000 crore.
While announcing the December quarter (Q3FY25) earnings, BEL's management retained its order inflow guidance for the financial year even as the momentum had been rather muted until then. "Many projects are in the pipeline, which we are hopeful to get in the next two months," the management said in the Q3 earnings call on 30 January, when the order inflow was around Rs.11,000 crore.
"It has a track record of deliv...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.