BEL shares gain 1.0% as Sensex falls
A total of 513,774 shares changed hands on the counter till 10:25AM (IST)
Shares of traded 1.0 per cent up at Rs 295.05 at 10:25AM (IST) on Thursday, even as benchmark dropped 370.08 points to 74132.82. The stock had settled at Rs 292.1 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 303.35 and Rs 110.25, respectively.
As per BSE data, total traded volume on the counter till 10:25AM (IST) stood at 10:25AM shares with turnover at Rs 15.1 crore.
At the prevailing price, the stock trades at 53.91 times its trailing 12-month EPS of Rs 5.45 per share and 9.02 times its price-to-book value, the exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.44.
Shareholding Details
Promoters held 51.14 per cent stake in the company as of 31-Mar-2024, while FIIs owned 17.56 per cent and DIIs 22.63 per cent.
Source: Stocks-Markets-Economic Times
