Bharat Electronics Ltd.

BSE: 500049 | NSE: BEL
Large Cap | Defence
392.75
9.10 (2.37%)
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Bharat Electronics zooms on reporting 42% rise in Q3 net profit

Date: 27-01-2015

Bharat Electronics is currently trading at Rs. 3423.45, up by 206.00 points or 6.40% from its previous closing of Rs. 3217.45 on the BSE.

The scrip opened at Rs. 3400.00 and has touched a high and low of Rs. 3570.00 and Rs. 3390.00 respectively. So far 40419 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3570.00 on 27-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. 3570.00 and Rs. 3135.15 respectively. The current market cap of the company is Rs. 25739.60 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 has registered 41.76% rise in its net profit at Rs 271.81 crore for the quarter under review as compared to Rs 191.74 crore for the same quarter in the previous year. Total income of the company has increased 32.13% at Rs 1721.78 crore for Q3FY15 as compared Rs 1303.12 crore for the corresponding quarter previous year.

Bharat Electronics is a multi-product, multi-technology, multi-unit conglomerate with over 350 products in the areas of military communication, radars, naval systems, C4I systems, weapon systems, homeland security, telecom & broadcast systems, electronic warfare, tank electronics, electro-optics, professional electronic components and solar photovoltaic systems.