BEL

** Bharat Electronics Ltd (BEL) BAJE.NS up 3%, while L&T LART.NS and Bharat Forge BFRG.NS up ~2%

** Brokerages list the trio as likely beneficiaries on approval of India's $6 billion defence purchases

** Macquarie says companies across the value chain should benefit; sees BEL and L&T as top picks in sector

** Bharat Forge, says Morgan Stanley, should get $535 mln rev from 307 advanced towed artillery gun systems (ATAGS) purchases

** BEL shares up 3.5% YTD, while Nifty 50's .NSEI is off 0.3%; Bharat Forge has dropped 7.3%, exchange data shows

** L&T's days gains helped by Qatar Energy project win; still stock is down ~4% YTD

(Reporting by Bharath Rajeswaran in Bengaluru)

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** Shares of Bharat Electronics BAJE.NS rise 1.9% to 282.09 rupees

** Defence electronics company signs contract worth 24.63 bln rupees ($282.7 mln) with India's Ministry of Defence for supply and services of Ashwini radars

** The radars can automatically detect and track aerial targets ranging from fighter aircrafts to slow moving targets

** Total orders for the current financial year stand at 170.30 bln rupees

** BAJE down ~4% YTD

($1 = 87.1225 Indian rupees)

(Reporting by Vijay Malkar)

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March 12 (Reuters) - Bharat Electronics Ltd BAJE.NS:

• BEL RECEIVES 24.63 BILLION RUPEES ORDER

Source text: ID:nBSE30r4lB

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** Shares of Bharat Electronics Ltd BAJE.NS rise as much as 2.3% to 278.50 rupees

** State-owned electronic and defense equipment maker said after market close on Monday that it got additional orders worth 8.43 billion rupees ($96 million)

** BAJE currently up 1.2%

** Analysts tracking stock rate it "buy" on avg, similar to other state-owned defence firms - data compiled by LSEG

** Stock trims YTD losses to 6%, slightly better than state-owned firms' ~10% drop this year

($1 = 87.2300 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru)

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March 10 (Reuters) - Bharat Electronics Ltd BAJE.NS:

• BHARAT ELECTRONICS LTD - BEL SECURES ADDITIONAL ORDERS WORTH 8.43 BILLION RUPEES

Source text: ID:nBSE6dpckj

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March 6 (Reuters) - Bharat Electronics Ltd BAJE.NS:

• BEL RECEIVES ORDERS WORTH 5.77 BILLION RUPEES

Source text: ID:nBSE2bFyHD

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March 5 (Reuters) - Bharat Electronics Ltd BAJE.NS:

• DIVIDEND 1.5 RUPEES PER SHARE

Source text: ID:nnAPN2OO842

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** Shares of Bharat Electronics BAJE.NS rise 2.5% to 259.7 rupees

** Stock among top gainers on Nifty 50 index .NSEI, which is down 0.09%

** Ministry of Defence inked contract worth 12.20 billion rupees ($140.9 million) with co for procurement of 149 software defined radios for Indian Coast Guard

** 21 analysts covering the stock on avg have a "buy" rating; median PT is 347.5 rupees - data compiled by LSEG

** Stock up 5% so far this week vs a 0.07% fall in NSEI

($1 = 86.5930 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

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Feb 11 (Reuters) - Safran SA SAF.PA:

• SAFRAN AND BHARAT ELECTRONICS LIMITED FORGE A PARTNERSHIP IN THE DEFENSE SECTOR

• SIGNING OF A PARTNERSHIP TO CREATE A JOINT VENTURE

• FOR THE SALE AND MAINTENANCE OF HAMMER SMART PRECISION GUIDED AIR-TO-GROUND WEAPON IN INDIA

• BEL AND SAFRAN ELECTRONICS & DEFENSE ALSO PLAN TO ESTABLISH A CENTER OF EXCELLENCE AIMED AT ENHANCING INDIA'S DEFENCE CAPABILITIES

Source text: ID:nNDL31gyg5

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Jan 30 (Reuters) - Bharat Electronics Ltd BAJE.NS:

• Q3 CONSOL NET PROFIT 13.11 BILLION RUPEES; IBES PROFIT EST. 9.36 BILLION RUPEES

• Q3 CONSOL REVENUE FROM OPERATIONS 57.71 BILLION RUPEES; IBES EST. 49.37 BILLION RUPEES

Source text: [ID:]

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** Shares of Bharat Electronics BAJE.NS rise as much as 2.5% to 266 rupees, last up 1.5%

** Stock set to snap four-day losing streak, if trend holds

** Electronic equipment maker gets orders worth 5.61 billion rupees ($64.84 million), raising their total accumulated orders to 103.62 bln rupees

** Major orders include supply of communication equipment, electro optics, upgrades for satcom network, among others

** Avg analysts' rating on BAJE is "buy"; median PT is 345 rupees - LSEG data

** Stock rose 59% in 2024

($1 = 86.5210 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

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Jan 13 (Reuters) - Bharat Electronics Ltd BAJE.NS:

• BEL - GETS ORDER WORTH 5.61 BILLION RUPEES

Source text: [ID:]

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** Shares of Bharat Electronics BAJE.NS zoom over 58% in 2024, on track for their sixth straight year of gains

** BAJE up 2.1% on Tues, 2nd most on benchmark Nifty 50 .NSEI

** The electronic equipment maker posted strong results for the latest four quarters

** Analysts bet BAJE will continue to see strong rev growth in 2025 given its positioning in India defense segment, healthy order book, growing product portfolio and potential for margin improvement

** Expect sales and EBITDA to grow 19% each over FY24-27, say analysts at Motilal Oswal, who see a 35x upside to the stock

** 16 of the 21 analysts covering the stock have a "buy" or "strong buy" rating; median PT is 345 rupees - LSEG data

(Reporting by Ashna Teresa Britto in Bengaluru)

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Dec 23 (Reuters) - Bharat Electronics Ltd BAJE.NS:

• BEL RECEIVES ORDERS WORTH 9.73 BILLION RUPEES

Source text: ID:nBSE4S5nLK

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Dec 9 (Reuters) - Bharat Electronics Ltd BAJE.NS:

• BEL RECEIVES ORDERS WORTH 6.34 BILLION RUPEES

Source text: ID:nBSE9xpr63

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Dec 3 (Reuters) - Apollo Micro Systems Ltd APLL.NS:

• APOLLO MICRO SYSTEMS -DECLARED LOWEST BIDDER FOR ORDERS WORTH 214.2 MILLION RUPEES

• APOLLO MICRO SYSTEMS - GETS ORDER FROM BHARAT ELECTRONICS AND A PVT CO

Source text: ID:nBSE38ws2W

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** Shares of Hindustan Aeronautics HIAE.NS rise 2.1%, Bharat Electronics BAJE.NS gain 2.3% and Mazagon Dock MAZG.NS up 4%

** Uptick after J.P. Morgan initiates BAJE and HIAE with "overweight", citing likely structural growth in the sector due to rising capex

** Says India's defence sector still in the very early stages of a long runway of growth

** Adds recent pull-back in BAJE, HIAE offers attractive entry point

** Names BAJE its preferred pick due to diversified rev and order inflow and long track record as a listed company

** "HIAE's growth potential helped by the fact that it is the main domestic maker of aircraft, engines and helicopters for Indian defence"

** Also starts MAZG with "neutral"

** Says, "While MAZG also faces structural growth opportunities, its core profit margin will normalize and it faces higher competition from other government-owned and private shipyards"

(Reporting by Bharath Rajeswaran in Bengaluru)

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Nov 8 (Reuters) - Bharat Electronics Ltd BAJE.NS:

• SECURES ADDITIONAL ORDERS OF MORE THAN 5 BILLION RUPEES

Source text: ID:nBSE4lSJPd

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Oct 25 (Reuters) - Bharat Electronics Ltd BAJE.NS:

• SEPT-QUARTER CONSOL NET PROFIT 10.92 BILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 46.05 BILLION RUPEES

Source text for Eikon: ID:nBSE4hmqDg

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Oct 10 (Reuters) - Apollo Micro Systems Ltd APLL.NS:

• APOLLO MICRO SYSTEMS - DECLARED AS LOWEST BIDDER FOR ORDERS WORTH 287.4 MILLION RUPEES

• APOLLO MICRO SYSTEMS LTD - ORDERS FROM BHARAT ELECTRONICS AND INDIAN NAVY

Source text for Eikon: ID:nBSE2j65t1

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** Shares of Bharat Electronics BAJE.NS rise 3% to 275.40 rupees, set for best day in two months

** Electronic equipment maker gets orders worth more than 5 billion rupees ($59.6 mln) for spare parts of gun systems, radars and communication system

** BAJE on track to snap five-session losing streak

** Avg rating of 21 analysts covering the stock is "buy"; median PT is at 350 rupees - LSEG data

** Stock up ~50% so far this year, set for sixth straight year of gains

** Year to date, Nifty 100 index .NIFTY100 up ~19%

($1 = 83.9350 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

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Oct 7 (Reuters) - Bharat Electronics Ltd BAJE.NS:

• BEL - GETS ORDERS WORTH MORE THAN 5 BILLION RUPEES

Source text for Eikon: [ID:]

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Sept 24 (Reuters) - Bharat Electronics Ltd BAJE.NS:

• TEAMING AGREEMENT SIGNED BETWEEN BEL & RELIASAT INC. CANADA

• AGREEMENT TO PARTNER IN AREA OF SPACE PRODUCTS

Source text for Eikon: ID:nBSE7FYMnq

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** Shares of Bharat Electronics BAJE.NS rose 3.44% to 320 rupees, their biggest one-day pct gain since June 14

** Electronic equipment maker's Q1 consol net profit surged 47% Y/Y; rev up 20%

** Shares see second-busiest day in a week, with more than 41 mln shares traded

** Avg rating of 23 analysts covering the stock is "BUY;" their median PT is 305 rupees - LSEG

** BAJE up 74% YTD vs an 18% rise in the Nifty 100 index .NIFTY100

(Reporting by Aleef Jahan in Bengaluru)

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June 20 (Reuters) - Bharat Electronics Ltd BAJE.NS:

• APPOINTMENT OF MANOJ JAIN AS CHAIRMAN & MANAGING DIRECTOR

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Updates

** India's S&P BSE 100 index .BSE100 tumbles 6.4%, set for worst session since March 2020 when markets sank on COVID-19 lockdown restrictions

** Fall after vote-counting trends show PM Modi's alliance falling short of predicted landslide victory

** Eighty-eight of BSE 100 stocks log losses; Power Finance Corporation PWFC.NS, Bharat Electronics BAJE.NS down 21% and 20%, respectively

** ONGC ONGC.NS tumbles 16%, set for biggest single-day percentage fall since March 2020

** "Clear cut panic selling in state-owned companies due to concerns over likely coalition rule, which could lead to delays in decision making," says Sunny Agrawal, head of fundamental equity research, SBICAPS Securities

** Adds, panic selling, profit booking more pronounced in segments of markets that have been buoyant over last six months

** Adani Enterprises ADEL.NS and Adani Ports APSE.NS down 19% each, among top five losers in BSE 100

** Despite today's fall, PWFC, BAJE, ONGC, Hindustan Aeronautics HIAE.NS, ADEL, APSE up 22%-89% over last six months vs 11% rise in BSE 100

(Reporting by Bharath Rajeswaran in Mumbai)

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May 22 (Reuters) - Bharat Electronics Ltd BAJE.NS:

• WINS ORDERS WORTH 11.5 BILLION RUPEES

• GETS ORDERS WORTH 11.5 BILLION RUPEES TILL DATE DURING FY 2024-25

Source text for Eikon: ID:nBSE4QdsTj

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** Shares of Bharat Electronics BAJE.NS up as much as 9.4% to a record high of 283 rupees

** Co reported a 30% Y/Y rise in its March-qtr consolidated net profit to 17.97 bln rupees ($215.7 mln)

** Revenue up over 32.2% Y/Y to 85.64 bln rupees

** Jefferies says BAJE's export orders are a "surprise element", with expectations that exports could rise to over 10% of sales by FY30 from the current 2%-3% in FY24

** BAJE on track for a sixth straight session of gains, if trend holds

** Average rating of 25 analysts covering the stock is "buy"; median PT is 213.50 rupees - LSEG data

** Including session's gain, stock is up 53% YTD, outpacing the 7.2% gain in Nifty 100 index .NIFTY100

($1 = 83.3000 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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May 20 (Reuters) - Bharat Electronics Ltd BAJE.NS:

• INDIA'S BHARAT ELECTRONICS MARCH-QUARTER CONSOL NET PROFIT 17.97 BILLION RUPEES VERSUS 13.82 BILLION RUPEES

• BHARAT ELECTRONICS MARCH-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 85.64 BILLION RUPEES VERSUS 64.79 BILLION RUPEES

Source text for Eikon: ID:nBSE5mj2TG

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April 1 (Reuters) - Bharat Electronics Ltd BAJE.NS:

• ACHIEVED TURNOVER OF AROUND 197 BILLION RUPEES (PROVISIONAL & UNAUDITED), DURING FY 2023-24

Source text for Eikon: [ID:]

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