Bharat Heavy Electricals Share Price Today on 27-11-2024: At 27 Nov 11:04 today, Bharat Heavy Electricals shares are trading at price ₹246.25, 0.94% up from the previous closing price. Sensex is trading at ₹80034.71, up by 0.04%. The stock has hit a high of ₹246.35 and a low of ₹241.55 during the day.
On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at 50,100,300 days SMA
The SMA values for the stock are given below :
| Days | Simple Moving Average |
|---|---|
| 5 | 226.91 |
| 10 | 230.98 |
| 20 | 232.65 |
| 50 | 252.49 |
| 100 | 277.41 |
| 300 | 269.35 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹246.67, ₹249.33, & ₹251.07, whereas it has key support levels at ₹242.27, ₹240.53, & ₹237.87.
Till 11 AM today, the volume traded on NSE & BSE for Bharat Heavy Electricals was 49.78% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, The stock is indicating a trend reversal after a strong downtrend..
From a fundamental analysis perspective, the company has a ROE of 1.16% & ROA of 0.49% respectively.The current P/E of the stock is at 364.13 & P/B is at 3.51.
The median 1-year forecasted upside in this share is at 7.01% with a target price of ₹229.00.
The company has a 0.00% promoter holding, 5.82% MF holding, & 9.48% FII holding as per filings in the september quarter.
The MF holding has increased from 5.36% in june to 5.82% in the september quarter.
The FII holding has increased from 9.10% in june to 9.48% in the september quarter.
Bharat Heavy Electricals share price up 0.94% today to trade at ₹246.25 while its peers are mixed. Its peers such as Voltas, Thermax are falling today, but its peers Suzlon Energy, Blue Star are on the rise. Overall, benchmark indices Nifty & Sensex are up -0.07% & 0.04% each respectively.
