Bharat Dynamics Share Price Today on 22-11-2024: Bharat Dynamics share price are up by 1%, Nifty up by 0.86%

Bharat Dynamics Share Price Today on 22-11-2024: At 22 Nov 11:58 today, Bharat Dynamics shares are trading at price ₹936, 1% up from the previous closing price. Sensex is trading at ₹77861.43, up by 0.91%. The stock has hit a high of ₹941.9 and a low of ₹918 during the day.

On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹953.1, ₹979.25, & ₹993.3, whereas it has key support levels at ₹912.9, ₹898.85, & ₹872.7.

Bharat Dynamics Share Price Today

Till 11 AM today, the volume traded on NSE & BSE for Bharat Dynamics was -60.90% lower 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 currently experiencing a strong downtrend.

From a fundamental analysis perspective, the company has a ROE of 17.89% & ROA of 6.45% respectively.The current P/E of the stock is at 61.49 & P/B is at 9.10.

The median 1-year forecasted upside in this share is at 19.34% with a target price of ₹1117.00.

The company has a 0.00% promoter holding, 4.64% MF holding, & 2.94% FII holding as per filings in the september quarter.

The MF holding has decreased from 5.67% in june to 4.64% in the september quarter.

The FII holding has decreased from 3.06% in june to 2.94% in the september quarter.

Bharat Dynamics share price up 1% today to trade at ₹936 while its peers are mixed. Its peers such as Data Patterns India are falling today, but its peers Hindustan Aeronautics, Bharat Electronics, Astra Microwave Products are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.86% & 0.91% each respectively.