AI-generated · cited to primary sources · not investment advice
Bharat Electron (500049) Oct 2024 Filing Analysis
Does management do what it says?
BEL has received a small execution order for Kavach to prove capability over an 18-month period. They cannot participate in current bulk RFPs until this milestone is crossed. (1 in progress across 1 tracked commitment)
“So right now railway has given us one execution, small execution order to prove our capability and that order they have told around 18 months’ time to prove that on a small section.”
The company plans a total capex of approximately INR 800 crores for the current financial year to build additional factory capabilities. — target: 800 crores
“As far as the capex is concerned, we are in the range of around INR800 crores is what we are targeting in the current year.”
See the full cited Management analysis of Bharat Electron
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