(Image: Shutterstock/ET NOW News)BEL Share Price Target 2024 : The Indian general election of 2024 is quickly approaching, and Bharat Electronics Limited (BEL), a state-owned aerospace and defence conglomerate, plays an important role in the political process.
As of April 12, 2024, BEL’s share price stood at Rs 233.50, showing a considerable gain from its 52-week low of Rs 98.751.
Bharat Electronics (BEL) Share Price TargetBrokerage firm Kotak Institutional Equities, in its report dated April 14, 2024, has assigned a BUY rating on the PSU stock.
Bharat Electronics (BEL) Share Price HistoryBharat Electronics commands a market cap of Rs 1,70,646.79 crore and is included in the S&P BSE 100 on the BSE.
BEL Dividend HistoryBEL has declared a total of 50 dividends since August 27, 2001 when it declared its first dividend.
Authored by : ET Now Digital Updated Apr 14, 2024 | 07:16 PM IST Photo : Shutterstock.com Bharat Electronics Limited (BEL), a state-owned aerospace and defence conglomerate. (Image: Shutterstock/ET NOW News)
BEL Share Price Target 2024 : The Indian general election of 2024 is quickly approaching, and Bharat Electronics Limited (BEL), a state-owned aerospace and defence conglomerate, plays an important role in the political process. BEL is entrusted with the critical task of producing Electronic Voting Machines (EVMs), which are essential to the country's democratic elections. These EVMs, including the Voter Verifiable Paper Audit Trail (VVPAT) machines, are designed and manufactured domestically. As of April 12, 2024, BEL’s share price stood at Rs 233.50, showing a considerable gain from its 52-week low of Rs 98.751.
Bharat Electronics (BEL) Share Price Target
Brokerage firm Kotak Institutional Equities, in its report dated April 14, 2024, has assigned a BUY rating on the PSU stock. At the CMP of Rs 225 the brokerage set the fair value at Rs 130.
Bharat Electronics (BEL) Share Price History
Bharat Electronics commands a market cap of Rs 1,70,646.79 crore and is included in the S&P BSE 100 on the BSE. According to BSE Analytics, the company's stock has offered a return of 4.03 per cent in the last one week, 14.24 per cent in the last one month, 27.19 per cent in the last three months, 69.04 per cent in the last six months, and a whopping 131.60 per cent in the last one year. The BEL share price has jumped 189.14 per cent in the last two years, 475.14 per cent in the last three years, and 643.71 per cent in the last five years, as per BSE Data.
BEL Dividend History
BEL has declared a total of 50 dividends since August 27, 2001 when it declared its first dividend. In the past 12 months, BEL has declared an equity dividend amounting to Rs 2 per share. At the current share price, BEL's dividend yield stands at 0.95 per cent
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
