{"id":293979,"date":"2019-09-27T11:04:54","date_gmt":"2019-09-27T05:34:54","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=293979"},"modified":"2019-09-27T11:04:54","modified_gmt":"2019-09-27T05:34:54","slug":"turnaround-in-bharat-electronics-stock-may-lack-firepower-to-sustain","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/turnaround-in-bharat-electronics-stock-may-lack-firepower-to-sustain\/","title":{"rendered":"Turnaround in Bharat Electronics stock may lack firepower to sustain"},"content":{"rendered":"<p>A sizeable order book position notwithstanding, Bharat Electronics Ltd\u2019s stock did not quite deliver returns to shareholders for about two years. Its stock price has halved from about \u20b9160 two years ago. But over the past month, shareholders have been sitting on gains of about 9% as investors are seemingly looking at the beaten-down stock price. Shares continue to tick higher with gains of about 1% today.<\/p>\n<p>Sure enough, signs of a slow recovery are visible. BEL\u2019s order book has been getting a boost from government initiatives such as the Akash Missile program. The present order book has increased by 43% to \u20b957,600 crore. Also, it is expected to bag orders of about \u20b913,000-15,000 crore this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A sizeable order book position notwithstanding, Bharat Electronics Ltd\u2019s stock did not quite deliver returns to shareholders for about two years. Its stock price has halved from about \u20b9160 two years ago. But over the past month, shareholders have been sitting on gains of about 9% as investors are seemingly looking at the beaten-down stock price. Shares continue to tick higher with gains of about 1% today. Sure enough, signs of a slow recovery are visible. BEL\u2019s order book has been getting a boost from government initiatives such as the Akash Missile program. The present order book has increased by [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-293979","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/293979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=293979"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/293979\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=293979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=293979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=293979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}