Bharat Electronics Limited has posted super solid Q4 quarter numbers today, these are the best profit and revenue ever posted by the company.
M Cap of the company is about to cross 2L Crore and the kind of order book company hold these numbers should not be far away. In the Q4 result today company has posted super solid 32% year on year growth in revenue and 30% growth in profit.
Subject to approval by the shareholders, board has recommended a dividend of Rs 0.80 per share for the financial year 2023-24.
Company has over Rs.750000 Cr orders in hand.
Currently stock of the company is trading at 258.8 value which is 140% higher from last year.
Company was at 258.8 at the time of market closure. It was over 4.27% higher than the previous day which means that investors were waiting for a higher than expected or expected numbers, we need to wait and watch that will BEL after amazing numbers be able to fly, there is a possibility that we might see strong upside.
Disclaimer :- All the facts & the figure presented in the article are taken from internet and all the opinion presented in the article are authors personal opinion and this is not at all an investment suggestion. Before any buying and selling in the stock, please check with your investment advisor.
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