Decent order inflows but sustained execution key to growth... For Q1FY21, BEL received bagged decent orders to the tune of ~| 3420 crore, which included ~| 1200 crore order for ventilators, ~| 700 crore order on account of naval forces and smart city projects. BEL continues to have a strong order book and order inflows. Order book as on Q1FY21 was robust at | 53752 crore (vs. | 51970 crore in Q4FY20). However, overall order inflows in FY21E may get impacted by deferral in some projects amid economic challenges. Orders expected in FY21E include avionics package...