Bharat Electronics plunges on reporting 26% fall in Q4 net profit

26 Apr 2012 Evaluate

Bharat Electronics is currently trading at Rs. 1455.00, down by 25.85 points or 1.75% from its previous closing of Rs. 1480.85 on the BSE.

The scrip opened at Rs. 1450.00 and has touched a high and low of Rs. 1473.90 and Rs. 1405.00 respectively. So far 15013 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1886.00 on 29-Apr-2011 and a 52 week low of Rs. 1293.00 on 30-Dec-2011.

Last one week high and low of the scrip stood at Rs. 1535.25 and Rs. 1405.00 respectively. The current market cap of the company is Rs. 11632.00 crore.

The promoters holding in the company stood at 75.86% while Institutions and Non-Institutions held 19.76% and 4.38% respectively. 

Bharat Electronics has reported results for fourth quarter ended March 31, 2012.

The company has posted a fall of 25.52% in its net profit at Rs 333.84 crore for the quarter ended March 31, 2012 as compared to Rs 448.25 crore for the same quarter in the previous year. Total income has decreased by 2.52% at Rs 2297.23 crore for quarter under review as compared to Rs 2356.64 crore for the quarter ended March 31, 2011

Bharat Electronics (BEL) was set up at Bangalore by the Government of India under the Ministry of Defence in 1954 to meet the specialised electronic needs of the Indian defence services. Over the years, it has grown into a multi-product, multi-technology, multi-unit company serving the needs of customers in diverse fields in India and abroad.

Bharat Electronics Share Price

292.00 1.10 (0.38%)
23-Dec-2024 09:20 View Price Chart
Peers
Company Name CMP
BHEL 236.75
Bharat Electronics 292.00
Thermax 4639.10
Kirloskar Oil Eng 1028.00
GMM Pfaudler 1214.70
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.