Share price of bel

Date Open High Low Close* Adj Close** Volume Jun 15, 2023 121.40 122.75 120.05 121.95 121.95 13,943,478 Jun 14, 2023 122.35 123.15 121.10 121.40 121.40 8,660,080 Jun 13, 2023 119.90 122.45 118.90 122.10 122.10 16,552,079 Jun 12, 2023 120.95 123.90 118.75 119.10 119.10 24,331,332 Jun 09, 2023 118.00 121.45 116.70 120.35 120.35 19,873,573 Jun 08, 2023 118.50 118.70 116.40 117.55 117.55 11,188,999 Jun 07, 2023 118.75 119.00 117.50 118.05 118.05 11,262,532 Jun 06, 2023 116.25 118.50 115.90 118.05 118.05 18,999,553 Jun 05, 2023 113.35 118.65 113.35 115.65 115.65 35,214,281 Jun 02, 2023 113.40 113.50 112.00 113.30 113.30 9,939,324 Jun 01, 2023 112.20 113.45 112.00 112.90 112.90 9,185,292 May 31, 2023 110.55 112.45 110.20 112.15 112.15 15,741,522 May 30, 2023 111.45 112.60 111.00 111.25 111.25 7,803,617 May 29, 2023 111.00 111.80 110.20 111.45 111.45 10,330,215 May 26, 2023 109.55 111.00 109.10 110.70 110.70 7,958,341 May 25, 2023 108.00 110.75 108.00 109.60 109.60 11,158,044 May 24, 2023 107.90 109.30 107.30 108.80 108.80 10,722,681 May 23, 2023 110.95 111.05 107.75 107.90 107.90 15,214,733 May 22, 2023 108.55 111.30 107.60 110.45 110.45 27,946,526 May 19, 2023 107.80 107.85 105.70 107.00 107.00 9,255,095 May 18, 2023 108.50 109.25 107.25 107.80 107.80 7,220,608 May 17, 2023 108.80 109.75 107.95 108.25 108.25 9,456,088 May 16, 2023 107.70 109.10 107.40 108.45 108.45 9,051,577 May 15, 2023 107.10 108.60 106.90 107.65 107.65 7,833,289 May 12, 2023 108.65 108.65 106.60 107.30 107.3...

( 15) Next time you visit a polling booth to cast your vote, the incredible machine that records your vote is a shining example of how India uses technological advancements to conduct a free and fair world’s largest electoral process. And the company making it possible is Bharat Electronics Limited (BEL), a Navratna company established under the Ministry of Defence. Not just the tamper-proof Electronic Voting Machine, popularly known as the EVM, BEL is meeting the specialized electronic system needs of Indian defence forces. It has achieved many milestones, such as developing the cutting-edge indigenous Akash Air Defense Weapon System, and is now expanding into global export markets. In this article, we will do a BEL company analysis and check the future growth potential of BEL share price. Table of Contents • • • • • • • • • • • • • • • • • • • • • • • • • • • • • BEL (Bharat Electronics Ltd) Government Action The stock of BEL (Bharat Electronics Ltd)– After a historic announcement to ban the acquisition of 101 weapon systems and platforms from foreign countries, the government added another 101 defence equipment releasing the third ban list. The weapons and platforms are planned to be indigenised (made in India) progressively from December 2022 to December 2027. This step has been taken keeping the “Make in India” or “Aatmanirbhar Bharat” vision in focus. In defence minister Rajnath Singh’s words, the third list is a symbol of 360-degree efforts being made by the governm...

“We wish to inform you that the Company has fixed Friday, the 16th September, 2022 as the Record Date to determine the eligible Shareholders to receive bonus shares as approved in the 68th Annual General Meeting (AGM) of the Company held on 30th August, 2022," BEL said in a regulatory filing earlier this month. Bonus shares are fully paid additional shares issued by a company to its existing shareholders. Led by the government, For the first quarter ended June 2022 (Q1 FY23), the company's standalone net profit rose to ₹431 crore as against ₹11 crore recorded in the corresponding period of the previous year. Standalone turnover for the period stood at ₹3,063.5 crore against ₹1,564 crore in the same quarter last year. As of June 30, 2022, the company's order book position is around ₹55,333 crore. “BEL's investments in R&D and rising localisation across large platforms, will augment value-addition, cost competitiveness, and support gross-margin expansion. Lean cost structure with improving operating profitability and NWC cycle, will aid RoE/RoCE, to improve to 24%/31% by FY25ii; while retaining strong FCF and cash chest," said brokerage IIFL in a note earlier this month.

Bharat Electronics' (NSE:BEL) stock is up by a considerable 28% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Particularly, we will be paying attention to Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In short, ROE shows the profit each dollar generates with respect to its shareholder investments. How Is ROE Calculated? Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Bharat Electronics is: 22% = ₹30b ÷ ₹139b (Based on the trailing twelve months to March 2023). The 'return' refers to a company's earnings over the last year. One way to conceptualize this is that for each ₹1 of shareholders' capital it has, the company made ₹0.22 in profit. Why Is ROE Important For Earnings Growth? So far, we've learned that ROE is a measure of a company's profitability. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. A Side By Side comparison of Bharat Electro...

• Research Tools • My MarketBeat • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Financial Calendars • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Market Data • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Stock Lists • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Headlines • • Mullen Automotive’s Dilution is Desperation • • Verizon is Paying You 7% to Own its Stock • • 3 Stock Trades to Make in June: Tesla, GitLab, Gevo • • Stocks Upgraded After Earnings and are Moving Higher • • • • • • • • • • • • • • • • • • • • • • • • • • • About • 1.5 Analyst's Opinion • Bel Fuse has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. • According to analysts' consensus price target of $40.00, Bel Fuse has a forecasted downside of 32.8% from its current price of $59.50. • Bel Fuse has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest • Percentage of Shares Shorted1.50% of the outstanding shares of Bel Fuse have been sold short. • Short Interest Ratio / Days to CoverBel Fuse has a short interest ratio ("days to cover"...