BEL Share Price | Beneficial update on multibagger defense stock, bullish signals, should the stock be BUY – NSE: BEL
BEL Share Price | Bharat Electronics Limited has announced its second quarter results. Company's shares of this news (NSE: BEL) But it had a positive impact. On Friday, October 25, the stock had closed at Rs 275.55, up 1.55 per cent. (Bharat Electronics Limited Company Excerpt)
BEL Company – Second Quarter Results
Net profit of Bharat Electronics Limited increased by 38 percent to Rs 1,092.45 crore in the same quarter of the current financial year, from Rs 780 crore in the same quarter of the previous financial year. The operations of Bharat Electronics Limited increased by 15 percent to Rs 4,583 crore in the second quarter of the current financial year, from Rs 3,993 crore in the same quarter of the previous financial year. On Monday (28 October 2024), the stock was trading at Rs 268, down 1.72%.
More information about the second quarter
Bharat Electronics Ltd reported total independent expenses of Rs 3,299 crore in the second quarter, up 7 per cent from a year ago. Expenditures declined to Rs 3,363 crore in the first quarter, a decline of 2 percent. Bharat Electronics Ltd reported total assets of Rs 39,420.16 crore at the end of March 31, 2024, compared to Rs 39,155.65 crore.
Company turnover increased
Bharat Electronics Limited achieved a turnover of Rs 8,530.43 crore in the first half of 2025, an increase of 15.83 per cent from the turnover of Rs 7,364.82 crore in the same period last year, the data showed. Bharat Electronics' turnover during the quarter stood at Rs 4,425.29 crore as against Rs 3,918.13 crore in the same quarter of the previous financial year.
company order book
Bharat Electronics Limited said its order book at the end of the second quarter stood at Rs 74,595 crore and Bharat Electronics Limited Company announced EPS of Rs 1.49 per share, up from Rs 1.11 per share a year ago.
How much return did the stock give?
The stock has given a return of 15.97% in the last six months. The stock has given a return of 110.02% over the last year. The stock has given 608.35% return in the last 5 years. The stock has returned 48.99% on a YTD basis. The stock has also given returns of 125150% to long term investors.
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