India's Bharat Electronics gains on 22-bln rupee order win

Bharat Electronics

08/04/2025 05:22

** Bharat Electronics BAJE.NS rises 4.6% to 284.4 rupees; marks biggest one-day pct gain in more than two months

** Electronic equipment maker wins 22 bln-rupee ($257.4 mln) order from Indian Air Force for electronic warfare suites

** Stock rated "buy" on avg; median PT is 350 rupees, per data compiled by LSEG

** YTD, BAJE down 2.8%

($1 = 85.8525 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))