Bharat Electronic shines on entering into agreement with Suzlon for 10.5 MW project

23 Nov 2012 Evaluate

Bharat Electronic is currently trading at Rs. 1210.00, up by 7.20 points or 0.60% from its previous closing of Rs. 1202.80 on the BSE.

The scrip opened at Rs. 1207.00 and has touched a high and low of Rs. 1213.70 and Rs. 1203.80 respectively.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1665.75 on 16-Mar-2012 and a 52 week low of Rs. 1124.60 on 31-Jul-2012.

Last one week high and low of the scrip stood at Rs. 1214.05 and Rs. 1175.55 respectively. The current market cap of the company is Rs. 9680.00 crore.

The promoters holding in the company stood at 75.86% while Institutions and Non-Institutions held 18.86% and 5.28% respectively.

Bharat Electronic (BEL) has entered into agreement for 10.5 MW project with Suzlon. BEL currently has an existing installed capacity of 3 MW supplied by Suzlon operating in Karnataka. The new order would take BEL’s total portfolio to 13.5 MW. The project comprises of five units of Suzlon’s S95-2.1 MW wind turbines. The project is set to be commissioned in the Davangere District of Karnataka by end-FY13.

Bharat Electronics was set up at Bangalore by the Government of India under the Ministry of Defence in 1954 to meet the specialised electronic needs of the Indian defence services. Over the years, it has grown into a multi-product, multi-technology, multi-unit company serving the needs of customers in diverse fields in India and abroad

Bharat Electronics Share Price

201.45 1.80 (0.90%)
28-Mar-2024 16:01 View Price Chart
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