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Business / Fri, 12 Apr 2024 ET Now

PSU Defence Stock, Share Price Target 2024: 130% RETURN in 1 year; Jefferies gives BUY call

(Pic: Shutterstock/ET NOW News)Bharat Electronics Share Price Target: Bharat Electronics has given solid returns in the past one year. Brokerage firm Jefferies is bullish on the public sector company’s stock and has hiked the target price for the stock. Bharat Electronics Share Price Target 2025: Know what Brokerage firm Jefferies SaidBrokerage firm Jefferies India has remained positive on Bharat Electronics (BEL) and has set a price target of Rs 260 for BEL. Bharat Electronics Share Price History Bharat Electronics’s stock is a constituent of the S&P BSE 100 index. Bharat Electronics Dividend History A dividend is a reward that a company pays to its investors for their investment in the business.

Written by : Ayush Khar Updated Apr 12, 2024 | 03:08 PM IST Photo : ET Now Digital PSU Defence Stock: The defence sector stock has been conferred the Navratna title by the Government.

(Pic: Shutterstock/ET NOW News)

Bharat Electronics Share Price Target: Bharat Electronics has given solid returns in the past one year. Brokerage firm Jefferies is bullish on the public sector company’s stock and has hiked the target price for the stock. The stock is currently trading in the green around Rs 232.25, up by 1.51 per cent, around 1:23 PM on April 12.

Bharat Electronics Share Price Target 2025: Know what Brokerage firm Jefferies SaidBrokerage firm Jefferies India has remained positive on Bharat Electronics (BEL) and has set a price target of Rs 260 for BEL. The brokerage sees an upside of 12 per cent for the stock. The defence sector stock has been conferred the Navratna title by the Government.

Bharat Electronics Share Price History Bharat Electronics’s stock is a constituent of the S&P BSE 100 index. According to BSE analytics, the company’s stock has gained 25.51 per cent YTD. Bharat Electronics ’s shares have traded northward by 26.53 per cent in three months. In six months the company’s shares have gained by 68.18 per cent. In one year the stock has given solid returns of 130.41 per cent. The company’s stock has a 52-week range of Rs 235.20 - 398 on BSE. The company has a market cap of Rs1,70,062.00 crore, as on April 12, as per the BSE website.

Bharat Electronics Dividend History A dividend is a reward that a company pays to its investors for their investment in the business. It is paid in cash from earnings. A dividend is always calculated and paid on the face value of each stock. The current face value of Bharat Electronics shares is Re 1. The company has paid a dividend consistently for the past five years. In 2024, the company paid a dividend on two occasions, once of Rs 0.7 per share in March and once of Re 0.7 per share in February. In 2023, the company paid a dividend on four occasions, once of Rs 0.6 per share in August, once of Rs 0.6 per share in March, once of Rs 0.6 per share in February. In 2022, the company paid a dividend on three occasions, once of Rs 1.5 per share in August, once of Rs 1.5 per share in March and once of Rs 1.5 per share in February. In 2021, the company paid a dividend of Rs 1.2 per share in September, the company also paid a dividend of Rs 1.4 per share in March and of Rs 1.4 per share in February.

(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.)

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