July 9, 2019 02:14 PM

BHARAT ELECTRONICS share price has zoomed 5% and is presently trading at Rs 107.

Meanwhile, the BSE CAPITAL GOODS Index is at 19,310 (up 1.7%).

Among the top Gainers in the BSE CAPITAL GOODS Index today is BHARAT ELECTRONICS (up 5.3%).

SIEMENS (down 0.1%) and HONEYWELL AUTOMATION (down 0.8%) are among the top losers today.

Over the last one year, BHARAT ELECTRONICS has moved down from Rs 108 to Rs 107, registering a loss of Rs 1 (down 1.2%).

On the other hand, the BSE CAPITAL GOODS has moved up from 17,780 to 19,310, registering a gain of 1,530 points (up 8.2%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HAVELLS IND (up 33.9%), HONEYWELL AUTOMATION (up 29.5%) and ABB INDIA (up 27.8%).

What About the Benchmark Indices?

The BSE Sensex is at 38,814 (down 0.1%).

The top gainers among the BSE Sensex stocks today are BAJAJ FINANCE (up 5.2%), SUN PHARMA (up 5.1%) and L&T (up 2.7%). Other gainers include RELIANCE IND. (up 2.0%) and INDUSIND BANK (up 1.5%). The most traded stocks in the BSE Sensex are TATA MOTORS and SBI.

In the meantime, NSE Nifty is at 11,583 . BAJAJ FINANCE (up 5.7%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,935 to 38,814, registering a gain of 2,879 points (up 7.7%).

BHARAT ELECTRONICS Financial Update...

BHARAT ELECTRONICS net profit stood at Rs 7 billion for the quarter ended March 2019, compared to a profit of Rs 5 billion a year ago. Net Sales rose 43.0% to Rs 38.8 billion during the period as against Rs 27.2 billion in January-March 2018.

For the year ended March 2018, BHARAT ELECTRONICS reported 6.0% decrease in net profit to Rs 14.1 billion compared to net profit of Rs 15.0 billion during FY17.

Revenue of the company grew 13.7% to Rs 105 billion during FY18.

The current Price to earnings ratio of BHARAT ELECTRONICS, based on rolling 12 month earnings, stands at 1.3x.