BEL shares gain 6.92% as Sensex rises

Shares of Bharat Electronics Ltd. traded 6.92 per cent up at Rs 97.82 at 10:00AM (IST) on Friday, even as BSE benchmark Sensex gained 655.81 points to 58615.9. The scrip had closed at Rs 91.49 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 115.0 and Rs 68.94, respectively.

As per BSE data, total traded volume on the counter till 10:00AM (IST) stood at 10:00AM shares with turnover at Rs 9.79 crore.


At the current price, the stock trades at 24.26 times its trailing 12-month EPS of Rs 3.77 per share and 4.18 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 1.44.

Shareholding Details
Promoters held 51.14 per cent stake in the company as of 31-Dec-2022, while FIIs owned 17.34 per cent and DIIs 24.96 per cent.