BEL share price up 0.82 per cent
A total of 270,192 shares changed hands on the counter till 10:20AM (IST).
Shares of traded 0.82 per cent up at Rs 238.3 at around 10:20AM (IST) on Thursday. The stock had closed at Rs 236.35 in the previous session. Equity benchmark traded 248.96 points higher at 74101.9 around the same time. The scrip has climbed 135.66 per cent in the last one year till date, while the 30-share index has gained 23.84 per cent during the same period.
The stock's 52-week high price stood at Rs 240.0 and the 52-week low price at Rs 100.31.
Trading volume on the counter stood at 270,192 shares, while it quoted a price-to-earnings ratio of 48.4, an EPS value of 4.88 and a price-to-book value of 5.14. In the Nifty50 pack, 35 stocks traded in the green, while 15 stocks were in the red.
Promoter/FII Holding
Promoters held 51.14 per cent stake in the company as of 31-Mar-2024, while foreign institutional investors and MF ownership stood at 17.56 per cent and 18.06 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 4329.58 crore, up 4.42 per cent from the previous quarter's Rs 4146.12 crore and up 2.8 per cent from the year-ago quarter's Rs 4211.76 crore. The company reported net profit of Rs 859.58 crore for the latest quarter.
Technical Indicators
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
The stock's 52-week high price stood at Rs 240.0 and the 52-week low price at Rs 100.31.
Trading volume on the counter stood at 270,192 shares, while it quoted a price-to-earnings ratio of 48.4, an EPS value of 4.88 and a price-to-book value of 5.14. In the Nifty50 pack, 35 stocks traded in the green, while 15 stocks were in the red.
Promoter/FII Holding
Promoters held 51.14 per cent stake in the company as of 31-Mar-2024, while foreign institutional investors and MF ownership stood at 17.56 per cent and 18.06 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 4329.58 crore, up 4.42 per cent from the previous quarter's Rs 4146.12 crore and up 2.8 per cent from the year-ago quarter's Rs 4211.76 crore. The company reported net profit of Rs 859.58 crore for the latest quarter.
Technical Indicators
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
Source: Stocks-Markets-Economic Times
