Bharat Electronics share are up by 1.74%, Nifty up by 1.48%

Bharat Electronics Share Price Today on : At 20 Sep 16:00 today, Bharat Electronics shares are trading at price ₹277.5, 1.74% up from the previous closing price. Sensex is trading at ₹84544.31, up by 1.63%. The stock has hit a high of ₹279.4 and a low of ₹272.75 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 ₹280.52, ₹283.23, & ₹287.07, whereas it has key support levels at ₹273.97, ₹270.13, & ₹267.42.

Till 4 PM today, the volume traded on NSE & BSE for Bharat Electronics was 132.16% 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'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 47.07 .

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 has gained 1.74% today to trade at ₹277.5 in resonance with its peers. Its peers such as are also on the rise. Overall, benchmark indices Nifty & Sensex are up 1.48% & 1.63% each respectively.