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Bharat Electronics shares fall over 2% despite Rs 770-crore radar deal

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: Bharat Electronics shares fall over 2% despite Rs 770-crore radar deal
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Market & Financial Impact: The need was underscored during Operation Sindoor, when Pakistan launched waves of drones, including Turkish and Chinese-origin systems, towards military and civilian locations along the western front during the four-day hostilities
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Actionable Insight: 🔴 Bearish Risk: Regulatory scrutiny, profit decline, or sell-off risk may create near-term volatility.

Shares of Bharat Electronics were trading in the red on October 22 after the defence ministry signed a Rs 770-crore contract with the state-run defence electronics manufacturer for improved low-level lightweight radars (LLLR-I) that can detect and track fighter jets as well as mini and micro drones.

The stock was trading at Rs 363.50, down Rs 7.70, or 2.07%, as of 9:26 am on the NSE.

The contract is aimed at plugging critical gaps in the Indian Army's air defence network at low altitudes. The Ministry of Defence (MoD) said the LLLR-I system can detect and track fighter-size targets and mini and micro drones, with the additional capability of prioritising aerial targets. This will enable the Army to counter threats from unmanned aerial systems (UAS).

The LLLR-I is an upgraded version of the Aslesha radar, designed by the Defence Research and Development Organisation's (DRDO) Electronics and Radar Development Establishment (LRDE) and produced by BEL. While the Aslesha is an S-band 3D radar with a semi-active array antenna, the upgraded system uses four fixed phased-array panels based on gallium nitride (GaN) active electronically scanned array (AESA) technology to provide 360-degree coverage without moving parts.

Digital beam-forming and 3D processing allow the radar to detect small drones with a low radar cross-section (RCS). It can track targets while scanning and feed data to weapon systems through wired and wireless links. The system is man-portable and can be deployed in the plains, deserts and high-altitude areas.

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Official Publisher Attribution: This report is aggregated from Moneycontrol. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Moneycontrol ↗
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