Current Date 25 Dec, 2024

BEL shares 0.72% as Nifty gains

Bharat Electronics Ltd.'s shares traded at 0.72% on Friday. The stock opened at Rs 298.00, reaching an intraday high of Rs 301.95 and low of Rs 297.25. Its 52-week high was Rs 340.35, and low Rs 163.95. The company reported consolidated sales of Rs 4762.66 crore for Q3 2024, a 7.09% increase from the previous quarter and 14.87% from the year-ago quarter. Net profit was Rs 1092.45 crore. Domestic institutional investors held 15.81% stake, foreign institutional investors 17.27%, and promoters 51.14%. The stock traded at a P/E of 48.32 and a price-to-book ratio of 9.02.