BHEL share price rises 7% after Bagging Order From Goa Shipyard
Published On: Tuesday, September 28, 2021 | By: Team KnowMyStock
The share price of Bharat Heavy Electricals Limited (BHEL) gained more than 7 percent on Tuesday, September 28, after the state-run enterprise bagged an order from Goa Shipyard for a warship gun mount. Goa Shipyard's order involves envisages supply, installation, and commissioning of the entire system, the supply of an upgraded Super Rapid Gun Mount or SRGM - the Main gun onboard most Warships of the Indian Navy, which will be manufactured at the Haridwar unit of Bharat Heavy Electricals. BHEL has established dedicated, intricate manufacturing and inspection facilities at its manufacturing plants, for production, installation & commissioning, and lifecycle support of various products and components.
The upgraded super rapid gun mount is a state-of-the-art weapon system that comprises features such as the capability to manage different types of ammunition to engage fast, radio-controlled targets, maneuvering, and non-maneuvering.The upgraded gun mount system also has the capability to fire advanced ammunition with a higher range and programmable ammunition.
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