The counter opened at Rs 55.0 and touched an intraday high and low of Rs 56.5 and Rs 53.75, respectively, in the session so far. Shares of the company of Bharat Heavy Electricals quoted a 52-week high of Rs 56.5 and a 52-week low of Rs 19.2.
Total market cap of the Bharat Heavy Electricals stood at Rs 18716.09 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 4532.39 crore for the quarter ended 31-Dec-2020, up 19.49 per cent from previous quarter’s Rs 3793.13 crore and up 22.23 per cent from the year-ago quarter’s Rs 5827.74 crore.
The net loss for latest quarter stood at Rs 217.44 crore.
Shareholding pattern
As of 31-Dec-2020, DIIs held 2.21 per cent stake in the company, while foreign institutional investors held 4.34 per cent and the promoters 63.17 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of -5.86 and a price-to-book ratio of 0.25. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Bharat Heavy Electricals belongs to the Capital Goods – Power industry.
