9.10 (2.37%) Bharat Electronics is currently trading at Rs. 3227.60, up by 90.55 points or 2.89% from its previous closing of Rs. 3137.05 on the BSE.
The scrip opened at Rs. 3170.00 and has touched a high and low of Rs. 3320.45 and Rs. 3152.50 respectively. So far 66058 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3320.45 on 09-Jan-2015 and a 52 week low of Rs. 895.00 on 04-Feb-2014.
Last one week high and low of the scrip stood at Rs. 3320.45 and Rs. 2797.75 respectively. The current market cap of the company is Rs. 25852.00 crore.
The promoters holding in the company stood at 75.02% while Institutions and Non-Institutions held 20.13% and 4.85% respectively.
Bharat Electronics (BEL) has inaugurated modernized BEL Software Technology Centre (BSTC) at Bengaluru. The Vice President of India inaugurated the centre of Navratna Defence PSU on January 07, 2015. BSTC is a part of the Central Development & Engineering Group of BEL-Bengaluru and is the software development centre of BEL.
BEL has been building up expertise in software for defence applications. The inauguration of the new facility is a major milestone in its endeavor in this direction. The major strength of this centre is its capability to quickly grasp the requirements of the Defence forces and develop suitable software application to meet the operational requirements.
BSTC presently includes more than 1,000 person years of collective experience in the software field, working for various software intensive systems. The focus of the division is software development and support for software intensive systems and projects for the other SBUs of BEL, Bengaluru.