trending stocks, do you have this money raining stock? If so, you are lucky! – this bharat electronics ltd stock rises 20 percent in 1 month

Bharat Electronics Limited is an Indian government owned aerospace and defense company. It has around nine factories and several regional offices in India.

According to the official website of Bharat Electronics Limited (BEL), it is a Government of India owned company that primarily manufactures and supplies advanced electronic products for the Indian Armed Forces.

On August 4, the company’s board of directors issued a statement regarding its bonus announcement. Accordingly, the company will issue bonus shares to its shareholders in the ratio of 2:1 (two bonus equity shares for every equity share). By further capitalizing Rs. 4,87,31,85,886/free reserves and reported that there is an income balance of surplus of the company.

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The company has returned 56% in last one year, 198% in 3 years and 69% in 5 years. The stock has given its investors 20% profit in the last one month alone. So this stock is on the recommended buy list.

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