Share price of BEL falls as Nifty strengthens
Bharat Electronics Ltd. slipped 0.03 per cent to Rs 134.8 in Tuesday's trade as of 01:50PM (IST).
The stock hit a high price of Rs 135.8 and low of Rs 134.2 during the session.
The return on equity (ROE) for the stock stood at 21.53 per cent.
Traded volume on the counter stood at 01:50PM shares and turnover at Rs 305.0 crore around that time.
The stock of Bharat Electronics Ltd. quoted a 52-week high and 52-week low prices of Rs 135.8 and Rs 87.0, respectively.
The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.44.
Promotor/FII Holding Promoters held 51.14 per cent stake in the company as of 30-Jun-2023, while foreign investors held 17.35 per cent and domestic institutional investors had 24.83 per cent.
Key Financials The company reported consolidated sales of Rs 3673.17 crore for the quarter ended 30-Jun-2023, down 43.88 per cent from previous quarter's Rs 6545.28 crore and down 13.97 per cent from the year-ago quarter's Rs 3222.82 crore.
Net profit after tax for the latest quarter stood at Rs 538.6 crore, up 47.3 per cent from the same quarter a year ago.
