Bharat Electronics is currently trading at Rs. 98.70, up by 1.60 points or 1.65% from its previous closing of Rs. 97.10 on the BSE.
The scrip opened at Rs. 99.50 and has touched a high and low of Rs. 99.65 and Rs. 98.45 respectively.
The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 122.15 on 04-Nov-2019 and a 52 week low of Rs. 56.10 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 103.50 and Rs. 95.60 respectively. The current market cap of the company is Rs. 23659.32 crore.
The promoters holding in the company stood at 51.14%, while Institutions and Non-Institutions held 40.92% and 7.95% respectively.
Bharat Electronics (BEL) has entered into a Memorandum of Understanding (MoU) with the Airports Authority of India (AAI), providing a platform for both the companies to collaborate and support each other to address the emerging global opportunities in the airport business, including those in the Asia Pacific region.
In furtherance of such cooperation, AAI, playing the role of a development partner, will render assistance to BEL in its domain of expertise to enable execution of the prestigious MEA projects outside India by BEL. Both the organisations will work in close co-operation with each other in the field of civil aviation, in both present and future projects handled by BEL.
BEL is a multi-product, multi-technology, multi-unit conglomerate with over 350 products in the areas of military communication, radars, naval systems, C4I systems, weapon systems, homeland security, telecom & broadcast systems, electronic warfare, tank electronics, electro-optics, professional electronic components and solar photovoltaic systems.
