Share price of BEL as Sensex drops 900.59 points
Bharat Electronics Ltd. 2.17 per cent to Rs 285.60 at 12:17PM (IST) in Monday's trade. The scrip has hit a high of Rs 292.40 and low of Rs 283.35 so far during the session. The stock had closed at Rs 291.95 in the previous session.
The counter has had a total traded volume of 599792 shares so far with a value of Rs 17.24 crore on the NSE. It traded at a price-to-earnings multiple of 45.81 and a price-to-book ratio of 9.02.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip 53.59 per cent during the past one year, while the 30-share index advanced 11.09000015258789 per cent during the same period.
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