Bharat Electronics Ltd.

Bharat Electronics is currently trading at Rs. 1142.00, up by 6.45 points or 0.57% from its previous closing of Rs. 1135.55 on the BSE.

The scrip opened at Rs. 1145.00 and has touched a high and low of Rs. 1148.00 and Rs. 1141.00 respectively.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1583.10 on 18-Apr-2012 and a 52 week low of Rs. 1107.00 on 22-Mar-2013.

Last one week high and low of the scrip stood at Rs. 1173.00 and Rs. 1113.00 respectively. The current market cap of the company is Rs. 9160.00 crore.

The promoters holding in the company stood at 75.86% while Institutions and Non-Institutions held 18.99% and 5.14% respectively.

Bharat Electronics (BEL) has registered a turnover of Rs 6,010 crore (provisional) for the last fiscal with a growth of 5% over Rs 5,704 crore turnover during 2011-12. It achieved exports of $35 million. With a healthy order book of around Rs 25,000 crore, the company is all set to continue its good run in the next financial year.

During the fiscal 2012-13, the company has launched 10 new products in the areas of Radar & Fire Control, Sonars, Electronic Warfare, Communication, Tank Electronics and Electro Optics. Some of the significant orders executed during the year include Akash Weapon System, Radar and Fire Control Systems, National Command Control Communication & Intelligence (NC3I), National Population Register (NPR) and Passive Night Vision Devices.

Bharat Electronics was set up at Bangalore by the Government of India under the Ministry of Defence in 1954 to meet the specialized 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.