BEL shares gain 0.76% as Sensex rises

economictimes.indiatimes.com:

Bharat Electronics Ltd. traded 0.76 per cent up at Rs 290.25 at 11:16AM (IST) on Thursday, even as BSE benchmark Sensex gained 225.31 points to 81748.47. The scrip had closed at Rs 288.05 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 340.35 and Rs 127.0, respectively.

As per BSE data, total traded volume on the counter till 11:16AM (IST) stood at 11:16AM shares with turnover at Rs 19.14 crore.
At the prevailing price, the stock trades at 49.93 times its trailing 12-month earnings per share of Rs 5.8 per share and 9.02 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.

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