-7.75 (-1.85%) Bharat Electronics (BEL) is currently trading at Rs. 1303.90, up by 13.60 points or 1.05% from its previous closing of Rs. 1290.30 on the BSE.
The scrip opened at Rs. 1289.80 and has touched a high and low of Rs. 1314.70 and Rs. 1273.55 respectively. So far 35195 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1416.70 on 04-Jan-2016 and a 52 week low of Rs. 984.37 on 25-Aug-2015.
Last one week high and low of the scrip stood at Rs. 1314.70 and Rs. 1137.35 respectively. The current market cap of the company is Rs. 31174.80 crore.
The promoters holding in the company stood at 75.02% while Institutions and Non-Institutions held 18.69% and 6.29% respectively.
Public sector Bharat Electronics is eying business opportunities in solar energy, homeland security and micro ATMs. In solar energy, the company is in talks with ISRO to manufacture space grade solar panels. With a capex of Rs 600 crore, BEL is also planning a joint investment with other defence PSUs to build roof-top solar installations.
In 2015-16, BEL, with a total capacity of 5.5-MW wind energy plants, generated and wheeled out 80 lakh units.
BEL 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.