April 8, 2020 02:19 PM

BHARAT ELECTRONICS share price has plunged 5% and is presently trading at Rs 71.

Meanwhile, the BSE CAPITAL GOODS Index is at 11,254 (up 0.5%).

Among the top losers in the BSE CAPITAL GOODS Index today is BHARAT ELECTRONICS (down 5.1%).

LAKSHMI MACHINE (up 5.2%) and GRAPHITE INDIA (up 5.0%) are among the top gainers today.

Over the last one year, BHARAT ELECTRONICS has moved down from Rs 95 to Rs 71, registering a loss of Rs 24 (down 25.1%)..

The BSE CAPITAL GOODS has moved down from 18,367 to 11,254, loss of 7,113 points (down 38.7%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HONEYWELL AUTOMATION (up 12.7%).

What About the Benchmark Indices?

The BSE Sensex is at 31,228 (down 0.9%). The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 4.7%). The most traded stocks in the BSE Sensex are ONGC and SUN PHARMA.

In the meantime, NSE Nifty is at 9,132 (down 0.8%). CIPLA (up 4.6%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,701 to 31,228, registering a loss of 7,473 points (down 23.00%).

BHARAT ELECTRONICS Financial Update...

BHARAT ELECTRONICS net profit down at Rs 2 billion for the quarter ended December 2019, compared to a loss of Rs 5 billion a year ago. Net Sales declined 16.4% to Rs 22.7 billion during the period as against Rs 27.2 billion in October-December 2018.

For the year ended March 2019, BHARAT ELECTRONICS reported 31.3% increase in net profit to Rs 18.5 billion compared to net profit of Rs 14.1 billion during FY18.

Revenue of the company grew 16.0% to Rs 122 billion during FY19.

The current Price to earnings ratio of BHARAT ELECTRONICS, based on rolling 12 month earnings, stands at 1.1x.