BEL declines 1.15% as Sensex slides
Bharat Electronics Ltd. traded at Rs 133.0 on BSE at 10:45AM (IST) on Thursday, down 1.15 per cent from previous close.
The stock quoted a 52-week low price of Rs 87.0 and a high of Rs 138.2.
Earlier, shares of the company saw a gap up opening in the morning.
A total of 321,948 lakh shares changed hands on the counter till 10:45AM (IST).
The stock of Bharat Electronics Ltd.
commanded a market value of Rs 96818.02 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 30.66, while the price-to-book value ratio stood at 5.14. Return on equity (ROE) was at 21.53 per cent, according to exchange data.
In the BSE500 pack, 243 stocks traded in the green, while 258 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 1.44.
Promotor/FII Holding Promoters held 51.14 per cent in Bharat Electronics Ltd.
as of 30-Jun-2023 while overseas and domestic institutional investors owned 17.35 per cent and 19.33 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 108.76 on August 31, while the 50-DMA was at 127.51. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
