Shares of Bharat Electronics Ltd. traded at Rs 198.0 on BSE at 11:11AM (IST) on Tuesday, up 0.38% from the previous close. The stock commanded a market value of Rs 144477.78 crore according to BSE. The scrip quoted a 52-week low price of Rs 89.93 and a high of Rs 216.7. A total of 216,170 lakh shares changed hands on the counter till 11:11AM (IST). The stock had a price-to-earning (P/E) multiple of 40.48 and a price-to-book value ratio of 5.14. Return on equity (ROE) was at 21.53% according to exchange data. In the BSE500 pack, 214 stocks traded in the green, while 286 stocks were in the red. The stock’s beta value stood at 1.44. Promoters held 51.14% in Bharat Electronics Ltd. as of 31-Dec-2023, while foreign portfolio investors and domestic institutional investors owned 17.78% and 18.33% respectively. The 200-DMA of the stock stood at 153.6 on March 26, while the 50-DMA was at 192.89. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
BEL rises 0.38% as Sensex slides
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