Bharat Electronics Share Price: Those who invested in Bharat Electronics Limited 10 years ago have seen their money grow nearly 100 times. As of 23 June, its share price is running at ₹416. Talking about the last 4 months, a 62% return has been given to its investors. If you had invested ₹100000 in this company 10 years ago, you would have become the owner of ₹1 crore today. The company has given its investors very good returns in a short time and has proven to be a multibagger.
Bharat Electronics Share Price
Bharat Electronics Limited has provided bonus shares to its investors three times in this 10-year period. In September 2015, the company provided bonus shares in a 2:1 ratio to its investors for the first time. If you had one share at that time, the company gave you two bonus shares. In September 2017, the company gave one bonus share for every 10 shares to its investors. After that, in 2022, it gave one bonus share for every two shares to its investors. Because of this, its investors became wealthy in a short time.
Turned ₹1 Lakh into ₹1 Crore
If you had invested in it in June 2015, you would have become a crorepati today. On 12 June 2015, the price of one share was around ₹32. If you had invested ₹100000 at that time, you would have got 3040 shares. Along with this, the company would have given you bonuses three times, so your total number of shares would have crossed 30000. Considering the current price of ₹416, the price of 30000 shares has reached close to ₹1.25 crore.
The future of Bharat Electronics Limited looks very promising. Recently, the company received new orders worth ₹585 crore, due to which a surge in its share price is being seen again.