Bharat Electronics Ltd.

Bharat Electronics is currently trading at Rs. 1316.85, up by 45.75 points or 3.60 from its previous closing of Rs. 1271.10 on the BSE.

The scrip opened at Rs. 1316.00 and has touched a high and low of Rs. 1342.00 and Rs. 1300.00 respectively. So far 11089 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1396.70 on 06-Jul-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. 1342.00 and Rs. 1242.00 respectively. The current market cap of the company is Rs. 10515.20 crore.

The promoters holding in the company stood at 75.86% while Institutions and Non-Institutions held 18.94% and 5.20% respectively.

Bharat Electronics has reported results for quarter and year ended March 31, 2013.

The company’s net profit has surged by 77.54% at Rs 592.70 crore for Q4FY13 as compared to Rs 333.84 crore in Q4FY12. Its total income from operation has increased by 20.93% to Rs 2778.11 crore in the quarter under review from Rs 2297.24 crore in the corresponding quarter of the previous year.

For the full year ended March 31, 2013, the company’s net profit jumped higher by 7.22% at Rs 889.83 crore as against Rs 829.90 crore in the FY12. Its total income from operation rose 5.83% at Rs 6103.82 crore from the quarter under review as compared to Rs 5767.34 crore in corresponding quarter of the previous year.

On consolidated basis, the full year ended March 31, 2013, the group’s net profit grew by 7.54% at Rs 911.19 crore as against Rs 847.33 crore in the FY12. Its total income from operation rose by 6.07% at Rs 6273.02 crore from the year as compared to Rs 5914.19 crore in previous fiscal.