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    BEL shares rise 0.99% as Sensex climbs

    Synopsis

    A total of 532,955 shares changed hands on the counter till 10:26AM (IST)

    NiftyGetty Images
    India 10-year bond yield rose 0.05 per cent to 6.03 after trading in 6.02-6.04 range.
    Shares of the Bharat Electronics Ltd. traded at Rs 107.4 on BSE at 10:26AM (IST) on Thursday, up 0.99 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 532,955 lakh shares changed hands on the counter till 10:26AM (IST).

    The stock of Bharat Electronics Ltd. commands a market value of Rs 78543.57 crore.

    The stock traded at a price-to-earning (P/E) multiple of 28.49, 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, 342 stocks traded in the green, while 159 stocks were in the red.

    Promotor Holding
    Promoters held 51.14 per cent in the Bharat Electronics Ltd. as of 31-Mar-2023 while foreign portfolio investors and domestic institutional investors owned 16.42 per cent and 25.42 per cent, respectively.
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