Bharat Electronics is currently trading at Rs. 1529.55, up by 19.05 points or 1.26% from its previous closing of Rs. 1510.50 on the BSE.
The scrip opened at Rs. 1530.00 and has touched a high and low of Rs. 1544.70 and Rs. 1522.10 respectively. So far 25,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1624.30 on 30-Jan-2017 and a 52 week low of Rs. 1009.00 on 01-Mar-2016.
Last one week high and low of the scrip stood at Rs. 1584.00 and Rs. 1507.95 respectively. The current market cap of the company is Rs. 34,174.51 crore.
The promoters holding in the company stood at 74.41%, while Institutions and Non-Institutions held 20.00% and 5.59% respectively.
Bharat Electronics (BEL) has unveiled a new Weapon Control system - Remote Controlled Weapon Station (RCWS)/Air Defence Weapon Station (ADWS) for 12.7 mm Gun of MBT Arjun Mk II battle tank, at Aero India 2017, on February 14, 2017. The RCWS is an improvised version of the manually operated air defence gun. RCWS has been developed for use in Armed Repair and Recovery Vehicle (ARRV). It can also be mounted on hovercraft / fast moving boats for the Coast Guard.
The features of RCWS include - Remote Firing option; Automatic Cocking; DSP Based Brushless Drive Technology; 2 Axis Self-stabilized platform; Day Camera & Night Vision; Automated FCS & Ballistics corrections; and Automatic Target Tracking.
Bharat Electronics is a multi-product, multi-technology, multi-unit conglomerate with over 350 products in the areas of military communication, radars, naval systems, C4I systems, weapon systems, homeland security, telecom & broadcast systems, electronic warfare, tank electronics, electro-optics, professional electronic components and solar photovoltaic systems.