BHEL share price: Defence stock gains over 2% after signing agreement with DRDO

BHEL share price gained over 2% on Monday after the company announced signing of an agreement with a research laboratory of the Defence Research and Development Organisation (DRDO). The defence stock rose as much as 2.52% to ₹213.20 apiece on the BSE.

The state-run Bharat Heavy Electricals Ltd (BHEL) said that it signed a License Agreement for Transfer of Technology (LAToT) with Defence Metallurgical Research Laboratory (DMRL), Hyderabad, a research laboratory of the DRDO.

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