BEL shares fall 1.26 per cent in Monday's trading session

economictimes.indiatimes.com:

Bharat Electronics Ltd. fell 1.26 per cent to Rs 295.6 in Monday's trade as of 01:18PM (IST) even as the benchmark Nifty ruled at 25257.2, up 21.3 points.
The scrip had closed at Rs 299.4 in the previous session. The stock quoted a 52-week low of Rs 127.0 and a high of Rs 340.35. The company quoted a market-cap of Rs 215930.87 crore on the BSE.

On BSE, 1,058,581 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 50.96 times its trailing 12-month EPS of Rs 5.8 per share and 9.02 times its book value. The return on equity (ROE) stood at Rs 24.4.
Key Financials For the quarter ended 30-Jun-2024, Bharat Electronics Ltd. reported consolidated sales of Rs 4447.15 crore, down 21.07 per cent from the same quarter a year ago. The company reported 46.86 per cent YoY growth in net profit at Rs 791.0 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Monday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.