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    BEL shares decline 0.29% as Sensex climbs

    Synopsis

    A total of 198,628 shares changed hands on the counter till 10:51AM (IST)

    market-getty-24Getty Images
    Shrikant Chouhan of Kotak Securities said Nifty50 topping the 15,800 mark was completely unexpected.
    Shares of the Bharat Electronics Ltd. traded at Rs 99.59 on BSE at 10:51AM (IST) on Tuesday, down 0.29 per cent from previous close.

    The stock quoted a 52-week low price of Rs 71.92 and a high of Rs 115.0.

    Earlier, shares of the company saw a gap up opening in the morning.

    A total of 198,628 lakh shares changed hands on the counter till 10:51AM (IST).

    The stock of Bharat Electronics Ltd. commands a market value of Rs 72790.78 crore.

    The stock traded at a price-to-earning (P/E) multiple of 26.41, while the price-to-book value ratio stood at 4.18. Return on equity (ROE) was at 19.52 per cent, according to exchange data.

    In the BSE500 pack, 329 stocks traded in the green, while 172 stocks were in the red.

    Promotor Holding
    Promoters held 51.14 per cent in the Bharat Electronics Ltd. as of 31-Dec-2022 while foreign portfolio investors and domestic institutional investors owned 17.34 per cent and 24.96 per cent, respectively.
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