BEL Share Price: Share price of BEL as Sensex gains 961.47 points
The share price of Bharat Electronics Ltd. 1.95 per cent to Rs 283.55 at 11:12AM (IST) in Tuesday’s trade. The stock has hit a high of Rs 285.10 and low of Rs 278.35 so far during the session. The stock had closed at Rs 278.10 in the previous session.
The counter has had a total traded volume of 446585 shares so far with a value of Rs 12.61 crore on the NSE. It traded at a price-to-earnings multiple of 45.63 and a price-to-book ratio of 9.02.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in…
