52-week high alert: This aerospace and defence company bags multiple new orders worth Rs 8,091 crore!
Shares of this company have gained more than 25 per cent in the last six months.
On July 11, 2023, shares of Bharat Electronics Limited made a fresh 52-week high, gaining 3.58 per cent on Tuesday. Over the past month, the company’s shares have gained about 6 per cent. On Tuesday, the stock opened at Rs 123.25, with a high and low of Rs 128.65 and Rs 123.25. The stock closed trading at Rs 127.40, showing a 3.58 per cent increase.
Recently, the company received an order for 2 regiments of improved Akash weapon systems (AWS) with upgrades from BDL for a value of Rs. 3914 crores. And other significant orders worth Rs 1,984 crore.
The company also received orders for supply of Long-Range Guidance Kit with Warhead, Airborne V/UHF Jammer, Battlefield Surveillance Radar (Short Range) Upgrade, Missile Guidance Radar & Control Centre, Upgraded Radio Relay (F) with Data Modem Encryption Unit Mk II, Identify Friend or Foe Mk XII A, Anti-Submarine Warfare Shallow Water Craft (ASW SWC) Sonar and Spares. The order is worth Rs 2,191 crore.
The stock has also delivered multibagger returns to its shareholders, the company’s share price gaining from Rs 32.67 on July 17, 2020, to Rs 127.40 on July 11, 2023, representing an increase of about 290 per cent. The stock has exhibited tremendous growth and has provided multibagger returns to its shareholders over a three-year holding period. Investors should keep a close eye on this stock.
DSIJ offers a service 'Large Rhino' with recommendations for Large-Cap stocks based on research and analysis to help subscribers make informed investment decisions. If this interests you, then do download the service details pdf here
Related articles
-
Multibagger stock under Rs 150: This multinational infrastructure company received orders worth Rs 2,055 crore!
-
Rs 60,690 crore order book: This multibagger aerospace & defence company bags new orders worth Rs 3,289 crore!
-
Rs 60,690 crore order book: This multibagger aerospace & defense stock under Rs 150 reports a 48 per cent jump in net profit!
-
Rs 7,865 crore order book: This civil construction company bags a massive order worth Rs 2,055 Lakhs from Jindal steel!
-
Upper circuit alert in this multibagger stock under Rs 150: PSU railway infrastructure company receives acceptance for new project!
-
This multibagger stock surged more than 6 per cent to make a new 52-week high!
-
Rs 651 crore order book: This multibagger small-cap company bags new order worth Rs 293 crores!
-
Rs 60,690 crore order book: This multibagger aerospace & defence company bags new orders worth Rs 3,000 crore!
-
Heavy buying: Back-to-back upper circuit in this micro-cap multibagger stock; reports a 130 per cent increase in net sales!
-
Multibagger penny stock under Rs 30: Back-to-back upper circuit in this renewable energy stock; bags massive order of 201.6 MW for wind turbines!
-
Rs 23,548 crore order book: Multibagger Heavy Equipment stock bags order worth Rs 6,241.86 crore!
-
Rs 25,111.29 crore order book: This multibagger shipbuilding company signs MoU to build commercial ships!
-
1,700 per cent returns in 3 years; Board announced bonus shares and stellar quarterly results!
-
Rs 4,500 crore order book: This miniratna PSU company bags multiple order worth Rs 727.91 crore; reports an impressive jump in net profit!
-
Multibagger penny stock under Rs 40: This micro-cap company bags new orders worth Rs 33.20 crore!
-
Rs 7,727 crore order book: This multibagger Heavy Electrical Equipment company bags orders for automating Reliance Life Sciences!
-
Turnaround story: This multibagger automobile company reports a 270 per cent jump in operating profit; declares stellar dividend!
-
150 per cent jump in net profit: Mukul Agarwal’s portfolio stock reports impressive quarterly results; stock gained over 400 per cent!
-
Rs 829 crore order book: This multibagger small-cap company secures orders worth Rs 112 crore; reports a 38 per cent jump in net sales!
-
Heavy buying: This multibagger small-cap company bags new orders worth Rs 639.16 crore from Odisha!