Bharat Electronics traded at 423.65 this Friday May 15th, decreasing 5.20 or 1.21 percent since the previous trading session. Looking back, over the last four weeks, Bharat Electronics lost 7.02 percent. Over the last 12 months, its price rose by 16.42 percent. Looking ahead, we forecast Bharat Electronics to be priced at 414.58 by the end of this quarter and at 388.53 in one year, according to Trading Economics global macro models projections and analysts expectations.
Bharat Electronics Limited is an India-based company, which manufactures and supplies electronic equipment and systems for the defense sector as well as for non-defense markets. It manufactures electronic products and systems for the army, navy, and the air force. Its defense products include radar and fire control systems, weapon systems, communication, network centric systems (c4i), electronic warfare systems, avionics, anti-submarine warfare systems & sonars, electro-optics, tank electronics, gun upgrades, strategic components, and others. Its non-defense products include electronic voting machines, software solutions / services, healthcare solutions, civil aviation and solar cells/power plants, railway / metro / airport solutions, space electronics and systems, alternate energy solutions, secure communication solutions. It also offers software, electronic manufacturing services and cybersecurity. Its subsidiaries include BEL Optronic Devices Ltd. and BEL-THALES Systems Ltd.