Public sector defence major, Bharat Electronics (BEL) has presented the interim dividend cheque payable to the Government of India (GoI) amounting Rs 36.41 crore. The dividend cheque was handed over to the Defence Minister at New Delhi on February 27, 2013. The company has declared 60% interim dividend i.e. Rs 6 per share to its shareholders for 2012-13.
This is the ninth consecutive year that the company is paying interim dividend. The company paid 208% dividend in 2011-12 comprising 100% interim dividend in February, 2012 and 108% final dividend in October 2012.
Bharat Electronics 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.
Company Name | CMP |
---|---|
BHEL | 242.40 |
Bharat Electronics | 293.95 |
Thermax | 4564.90 |
Kirloskar Oil Eng | 1015.25 |
GMM Pfaudler | 1205.00 |
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