BEL shares drop 0.08% as Sensex rises
A total of 181,402 shares changed hands on the counter till 12:02PM (IST)
Shares of traded 0.08 per cent down at Rs 223.3 at 12:02PM (IST) on Tuesday, even as benchmark gained 302.12 points to 75044.62. The scrip had closed at Rs 223.5 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 225.95 and Rs 98.75, respectively.
As per BSE data, total traded volume on the counter till 12:02PM (IST) stood at 12:02PM shares with turnover at Rs 4.06 crore.
At the current price, shares of the company trades at 46.08 times its trailing 12-month EPS of Rs 4.88 per share and 5.14 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-Dec-2023, while FIIs owned 17.77 per cent and DIIs 23.36 per cent.
Source: Stocks-Markets-Economic Times
