Bharat Electronics Limited (BEL) is all set to sparkle with a thrilling new partnership! The Ministry of Defence announced that BEL and France’s Safran Electronics & Defence have signed a big agreement to make HAMMER precision-guided air-to-ground weapons right here in India. Why is this exciting? Because these high-tech weapons are known for their accuracy and modular design, making them a powerful edge in defence. The deal creates a 50:50 joint venture company, a perfect equal partnership to produce the HAMMER weapon system on Indian soil. This move fits perfectly with the Indian government’s big dream to boost local defence manufacturing — often called indigenisation. The Ministry says this will not just build India’s defence power but also strengthen ties with France through technology sharing. What is HAMMER? It stands for Highly Agile Modular Munition Extended Range. It’s basically a smart weapon that can strike targets with pin-point accuracy. Producing it in India means more advanced skills and business chances for Indian defence makers. Stocks lovers will be happy to hear BEL shares have been rocking! In the past year, BEL shares jumped a fantastic 43.80%. This year alone, they climbed 37.39%, showing strong confidence from investors. The last six months saw an increase of 5.27%, and even in just three months, shares grew by 7.72%. However, in the past month, the stock slipped 4.32%, a small cooldown after its exciting rally. To sum up, this thrilling partnership between BEL and Safran is a big step for India’s defence scene. It promises tough, smart weapons made locally and builds a strong bridge between India and France on defence technology. Keep an eye on BEL as it moves forward on this exciting journey!