BEL shares 0.42% as Sensex rises
Bharat Electronics Ltd. traded 0.42 per cent at Rs 292.65 at 12:27PM (IST) on Thursday, even as BSE benchmark Sensex 816.01 points to 79323.42. The scrip had closed at Rs 293.90 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 340.35 and Rs 171.70, respectively.
As per BSE data, total traded volume on the counter till 12:27PM (IST) stood at 12:27PM shares with turnover at Rs 12.69 crore.
At the current price, the stock trades at 47.11 times its trailing 12-month EPS of Rs 6.21 per share and 9.02 times its price-to-book value, BSE 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.
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