Bharat Heavy Electricals Ltd. shares gain 1.82% as Sensex falls

Shares of Bharat Heavy Electricals Ltd. traded 1.82 per cent up at Rs 36.4 at 10:25AM (IST) on Wednesday, even as BSE benchmark Sensex dropped 142.79 points to 38264.22. The stock had closed at Rs 35.75 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 61.3 and Rs 19.2, respectively.

As per BSE data, total traded volume on the counter till 10:25AM (IST) stood at 10:25AM shares with turnover at Rs 3.96 crore.


At the current price, the stock trades at -8.64 times its trailing 12-month earnings per share of Rs -4.21 per share and 0.44 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.57.

Shareholding Details
Promoters held 63.17 per cent stake in the company as of 30-Jun-2020, while FIIs owned 5.09 per cent and DIIs 5.87 per cent.