BEL shares gain 0.59% as Sensex rises

Shares of the Bharat Electronics Ltd. traded at Rs 127.85 on BSE at 11:22AM (IST) on Monday, up 0.59 per cent. The stock quoted a 52-week low price of Rs 87.0 and a high of Rs 133.25.

Earlier in the day, the stock saw a gap down opening.

At the prevailing price, the stock traded at 29.62 times its trailing 12-month EPS of Rs 4.32 per share and 5.14 times its book value, as per BSE data.

A total of 103,324 shares changed hands on the counter till 11:22AM (IST). The stock commands a market value of Rs 93528.62 crore and is part of the Defence Contractor industry.

The scrip has been an outperformer , up 34.62 per cent in the past one year in comparison with a 9.28 per cent gain in Sensex.

During the day, the stock moved between Rs 128.5 and Rs 126.8.

Promoter/FII Holding
Promoters held 51.14 per cent in the company as of 30-Jun-2023. FII and MF ownership in Bharat Electronics Ltd. stood at 17.35 per cent and 19.33 per cent, respectively.