Bharat Bijlee Ltd is one of the leaders in the electrical engineering industry in India. The company operates in one segment, namely Industrial Products, comprising of power and distribution transformers, a wide range of standard and customised LowTension motors, and variable speed drives. They also trade anticorrosive products and submersible pumps. They are having their manufacturing facilities at Navi Mumbai in Maharashtra.Bharat Bijlee Ltd was established in the year 1946. The company is a pioneer in the manufacture of electric motors at a time when most electrical equipment was imported and the company began to manufacture transformers in the year 1954. In the year 1958, the company made a technical collaboration and distribution agreement with Siemens AG for motors and transformers. In the year 1966, Kalwe plant was commissioned for manufacturing the motors and transformers which has modern special purpose automatic machinery and sophisticated meteorological test field and quality control equipment.In the year 1972, the company diversified into the manufacture and installation of Olympus elevators. In the year 1980, the company entered into the direct marketing of transformers which was earlier done by Siemens. The companys own sales and servicing infrastructure dealt directly with utilities and industrial buyers of transformers while their motors were distributed by Cable Corporation of India. In the year 1990, the companys sales and service network also took over the direct marketing of motors and pumps. Thus, their products are marketed and serviced through their nation wide network of registered and branch offices.In the year 1986, the company made a ten year collaboration with Schindler, Switzerland gave Bharat Bijlee ongoing access to state of the art technology in vertical transportation. The elevator field operations business of the company was transfered to Olympus Elevator Pvt Ltd, a subsidiary of Kone Elevators (India) Pvt Ltd with effect from December 23, 2004. During the year 200405, the new state of the art transformer plant was commissioned, making available an additional annual production capacity of 2000 MVA. The company manufactured 2 Nos of 100 MVA, 220 KV power transformers for Karnataka Power Transmission Corp Ltd in the new transformer plant during the year 200405.The company inaugurated PWRLEX, the new Transformer Plant on March 22, 2006. This increased the companys manufacturing capacity to 8000 MVA. During the year 200708, the company made a technology transfer Agreement with Permanent Magnets SA, Spain, for manufacturing and marketing of gearless machines for elevators. The company has also entered into an exclusive distributorship and service agreement with KEB of Germany to market and service the KEB range of AC Variable Speed Drives.In November 2007, the company was recognised with the award Best Under a Billion, as one of a select list of 200 small and midsized companies in Asia by Forbes Asia. The company was also awarded a Certificate of Appreciation for best stall in their category at ELECRAMA 2008. The cpacity expansion of the transformer plant is in progress and the full capacity of 11000 MVA is expected to available for production during the financial year 200809.
What is the current share price of Bharat Bijlee Ltd today on both NSE and BSE?
Bharat Bijlee Ltd shares are currently priced at 4768 on NSE and 4764.45 on BSE as of 7/25/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
How has Bharat Bijlee Ltd [BBL] shares performed in the past ?
The past 1-year return of Bharat Bijlee Ltd [BBL] share was 154.45. The Bharat Bijlee Ltd [BBL] share hit a 1-year low of Rs. 1712.5 and a 1-year high of Rs. 5689.65.
What is the market cap of Bharat Bijlee Ltd [BBL] ?
The market cap of Bharat Bijlee Ltd is Rs. 5389.33 Cr. as of 7/25/2024 12:00:00 AM.
What is the current P/E ratio of Bharat Bijlee Ltd [BBL] share price ?
The PE ratios of Bharat Bijlee Ltd is 41.41 as of 7/25/2024 12:00:00 AM.
What is the current PB ratio of Bharat Bijlee Ltd [BBL] share price ?
The PB ratios of Bharat Bijlee Ltd is 2.88 as of 7/25/2024 12:00:00 AM
What is the Mutual Fund shareholding in Bharat Bijlee Ltd?
The Mutual Fund Shareholding was 7.97% at the end of 7/25/2024 12:00:00 AM.
How can I buy Bharat Bijlee Ltd shares?
You can easily buy Bharat Bijlee Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.