Bharat Electronics share are down by -0.48%, Nifty down by -0.16%

Bharat Electronics Share Price Today on : At 18 Sep 16:01 today, Bharat Electronics shares are trading at price ₹282.85, -0.48% down from the previous closing price. Sensex is trading at ₹82948.23, down by -0.16%. The stock has hit a high of ₹286.15 and a low of ₹280.6 during the day.

On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 days SMA

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 ₹286.03, ₹288.82, & ₹291.63, whereas it has key support levels at ₹280.43, ₹277.62, & ₹274.83.

Till 4 PM today, the volume traded on NSE & BSE for Bharat Electronics was -36.61% 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's continued downtrend suggests a bearish trend is underway..

From a fundamental analysis perspective, the company has a ROE of 26.40% .The current P/E of the stock is at 49.07 .

The median 1-year forecasted upside in this share is at 15.42% with a target price of ₹326.48.

The company has a 51.14% promoter holding, 2.68% MF holding, & 17.43% FII holding as per filings in the june quarter.

The MF holding has decreased from 2.88% in march to 2.68% in the june quarter.

The FII holding has decreased from 17.56% in march to 17.43% in the june quarter.

Bharat Electronics share price down -0.48% today to trade at ₹282.85 while its peers are mixed. Its peers such as are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.16% & -0.16% each respectively.