Bhel Share Price History from 1993 to 2023

In this article, you will find the details of Bhel Share Price History. Additionally, we will provide important fundamental details about Bhel Shares.

Bhel Share Price History

In the early ’90s, BHEL, a renowned engineering and manufacturing company, embarked on its journey with moderate growth. Starting with a share value of ₹6.10 in 1993, the firm saw a sudden surge of 92.6% in the next year. But the late ’90s were not very kind to BHEL. After reaching ₹23.13 in 1997, there were consecutive years of decline, hitting a low of ₹9.37 by 2001.

However, as the new millennium set in, the early 2000s brought a fresh wave of optimism. By 2003, the company’s share price had soared by 194.1%, reaching ₹33.86. This momentum continued till 2007 when it touched an all-time high of ₹344.57.

Post-2007, BHEL’s journey was a rollercoaster of highs and lows. The 2008 financial crisis knock the company hard, causing its share value to drop by 47.3%. While it tried to recover in 2009, the following decade was challenging. From 2010 to 2020, barring a few moments of growth, the company essentially declined, with the lowest point being ₹35.90 in 2020.

However, the recent years have shown promise. 2021 saw a significant rise of 64.2%, and this upward trajectory continued into 2023, with the stock price reaching ₹117.65. As stakeholders hope for a brighter future, BHEL’s story is a testament to resilience and adaptability in changing economic landscapes.

Also Read: Asian Paints Share Price History

About Bhel

BHEL, or Bharat Heavy Electricals Limited, is one of India’s leading public-sector engineering and manufacturing enterprises. Established in the early 1960s, the company has played a pivotal role in India’s industrial development, especially in the power sector.

Its vast product portfolio includes turbines, generators, transformers, and other heavy electrical equipment. BHEL’s presence is not just limited to India; it has left its mark globally, with projects in numerous countries.

Over the years, BHEL has been synonymous with India’s self-reliance in core sectors. It has continuously evolved, innovating and adapting to the changing industrial landscape. Despite facing challenges, especially in the volatile economic scenarios, BHEL’s commitment to providing sustainable solutions has remained unwavering.

Their focus on research and development ensures they stay ahead in the market, and their emphasis on sustainability makes them a frontrunner in promoting green and eco-friendly technologies. As a brand, BHEL is not just a business entity but a symbol of India’s industrial prowess.

Fundamentals of Bhel

Here are some primary fundamental data about Bhel (until 2023):

Market Cap:

The market capitalization of the company stands at 409,664 M. Market capitalization, often referred to as a market cap, refers to the total value of all outstanding shares of the company. It’s a critical metric to gauge the size of a company within the market.

Enterprise Value:

The enterprise value is 448,594 M. Unlike market cap; enterprise value gives a more comprehensive picture as it considers the company’s total value by considering factors like debts and excluding cash and cash equivalents. It reflects the takeover value of a business.

Price/Book TTM:

The company’s Price to Book (P/B) ratio for the trailing twelve months (TTM) is 1.57. This ratio compares the company’s current market price to its book value, helping investors understand if the stock is undervalued or overvalued depending on its assets.

Outstanding Share:

There are a total of 3482.06 M shares outstanding for the company. These represent all company shares, including those held by institutional investors and restricted shares kept by insiders and company officers.

Float/Outstanding Share:

The float, as a percentage of outstanding shares, is 36.82%. The float represents the portion of shares available for trading by the general public. A higher float percentage indicates more liquidity in the market, making it easier for investors to buy or sell the company’s stock.

Dividend Yield:

The dividend yield indicates the amount of dividend paid to shareholders relative to the price of the stock. This provides investors with an understanding of the income-generation potential of the stock in addition to any capital appreciation. However, the exact dividend yield value needs to be provided in the given data.

(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)

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