BEL Share Worth: Share value of BEL falls as Sensex drops 860.0 factors

The share value of Bharat Electronics Ltd. dropped 2.85 per cent to Rs 127.45 at 01:34PM (IST) in Thursday’s commerce. The counter has hit a excessive of Rs 130.2 and low of Rs 127.0 to this point throughout the session. The inventory had closed at Rs 131.2 within the earlier session.

The counter has had a complete traded quantity of 1821421 shares to this point with a price of Rs 23.26 crore on the NSE. It traded at a price-to-earnings a number of of 29.53 and a price-to-book ratio of 5.14.

A better price-to-earnings ratio exhibits traders are prepared to pay the next value for per rupee earnings given by the inventory due to higher future development expectations.

The worth-to-book worth signifies the inherent worth of an organization and displays the worth traders are prepared to pay even for no development within the enterprise.

The scrip gained 21.44 per cent throughout the previous one 12 months, whereas the 30-share index superior 9.65 per cent throughout the identical interval.

Bharat Electronics Ltd. belongs to the Defence Contractor trade.

Promotor/FII Holding
Promoters held 51.14 per cent stake within the firm as of 30-Sep-2023, whereas FIIs and home institutional traders possession stood at 17.18 per cent and 18.85 per cent, respectively.

Key Financials
The corporate reported consolidated internet gross sales of Rs 3673.17 crore for the quarter ended 30-Jun-2023, down 43.88 per cent from the earlier quarter’s Rs 6545.28 crore and down 13.97 per cent from the year-ago quarter’s Rs 3222.82 crore.

Revenue for the most recent quarter stood at Rs 538.6 crore, up 47.3 per cent from the identical quarter a 12 months in the past.

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