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Monday, November 28, 2016

BEL Share Price rolled above 6%


BELOn 28th Nov, BEL share price zooming up by 6 per cent. The stock settled at Rs. 1385.10. The stock was trading with a rise of 90 points at Rs. 1394.95 and opened at Rs. 1299. Throughout the day, 8,22,201 shares were traded in the counter with a traded value of Rs. 11,271.96 lacs, as per National Stock Exchange.
Bharat Electronics Limited is an Indian state-owned aerospace and Defence Company having about nine factories, and few regional offices in India. It is run by the Indian Government and initially manufactures advanced electronic products for the Indian Armed Forces. BEL is one amongst nine PSUs under the Ministry of Defence of India. It has been accorded Navratna status by the Government of India. U On 1 April 2016, BEL's order book was estimated to be around Rs.300 billions.
The 52 week high of BEL share price is observed at Rs. 1,416.85 on 4th Jan ‘16  while the 52 week low is seen at Rs. 1,008.00 on 1st March16. The Average Daily Movement of the stock is 32.75 and its average volume for last 20 days is362948. The stock yields 2.85 per cent monthly returns and has the PE ratio of 21.01. The market cap of the company amounts to Rs. 29143.26 (Cr)and has a book value of Rs. 401.58.
BEL is analyzed by Dynamic Levels as the top 500 performing stocks for this quarter among the 1700 stocks which are listed on the NSE. BEL is fundamentally strong and is safe for investment, as per Dynamic analysts.
In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to BEL share price history.

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