Bharat Electronics Ltd. traded 2.02 per cent down at Rs 186.0 at 12:07PM (IST) on Tuesday, even as BSE benchmark Sensex dropped 717.62 points to 72030.8. The scrip had settled at Rs 189.85 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 216.7 and Rs 89.93, respectively.
As per BSE data, total traded volume on the counter till 12:07PM (IST) stood at 12:07PM shares with turnover at Rs 16.27 crore.
At the prevailing price, shares of the company trades at 38.19 times its trailing 12-month earnings per share of Rs 4.88 per share and 5.14 times its price-to-book value, the exchange 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.44.
Shareholding Details Promoters held 51.14 per cent stake in the company as of 31-Dec-2023, while FIIs owned 17.77 per cent and DIIs 23.36 per cent.