Bharat Electronics advances on registering Rs 5,710 crore turnover for 2011-12

03 Apr 2012 Evaluate

Bharat Electronics is currently trading at Rs. 1525.00, up by 4.80 points or 0.32% from its previous closing of Rs. 1520.20 on the BSE.

The scrip opened at Rs. 1520.00 and has touched a high and low of Rs. 1524.90 and Rs. 1488.90 respectively.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1887.90 on 21-Apr-2011 and a 52 week low of Rs. 1293.00 on 30-Dec-2011.

Last one week high and low of the scrip stood at Rs. 1548.95 and Rs. 1482.00 respectively. The current market cap of the company is Rs. 12191.60 crore.

The promoters holding in the company stood at 75.86% while Institutions and Non-Institutions held 20.22% and 3.91% respectively.

Navratna Defence PSU Bharat Electronics (BEL) has recorded a turnover of Rs 5,710 crore (provisional) for the fiscal year 2011-12. The company has recorded profit before tax at Rs 975 crore. The company has achieved exports of $38.45 million. The turnover per employee during 2011-12 was Rs 52.9 lakh.

Besides, there were many new initiatives taken by the company during the year. On the civilian front, BEL provided services for the socio economic and caste census and national population register, which contributed significantly to the turnover.   

Also, BEL designed and developed a low-cost tablet PC in a record time of four months and supplied 6 lakh numbers to the Ministry of Rural Development for the Socio Economic & Caste Census.

Other new products introduced during 2011-12 were coastal surveillance system, digital radio trunking system, integrated anti submarine warfare system, upgraded indigenous forward observer simulator, electro optic fire control system, integrated radio line modem and remotely operated vehicle.

Bharat Electronics Share Price

309.55 8.60 (2.86%)
14-Jun-2024 16:01 View Price Chart
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