Share price of BEL falls as Nifty strengthens
A total of 532,998 shares changed hands on the counter till 12:33PM (IST).
Shares of slipped 0.8 per cent to Rs 328.6 in Tuesday's trade as of 12:33PM (IST).The stock hit a high price of Rs 334.5 and low of Rs 328.6 during the session.
The return on equity (ROE) for the stock stood at 24.4 per cent. Traded volume on the counter stood at 12:33PM shares and turnover at Rs 17.66 crore around that time.
The stock of quoted a 52-week high and 52-week low prices of Rs 340.35 and Rs 123.55, respectively.
The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.44.
Promotor/FII Holding
Promoters held 51.14 per cent stake in the company as of 30-Jun-2024, while FIIs held 17.43 per cent and domestic institutional investors had 20.59 per cent.
Key Financials
The company reported consolidated sales of Rs 8789.51 crore for the quarter ended 31-Mar-2024, up 103.01 per cent from previous quarter's Rs 4329.58 crore and up 34.29 per cent from the year-ago quarter's Rs 6545.28 crore.
Net profit after tax for the latest quarter stood at Rs 1797.11 crore, up 30.04 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
