Bharat Heavy Electricals Share Price Today on
On the technical front, the stock is trading above the 10,20,300 days SMA & lower than the 5,50,100 day SMA. The stock will have support at 10,20,300 days SMA & face resistance at 5,50,100 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 281.36 |
10 | 273.68 |
20 | 273.42 |
50 | 290.75 |
100 | 294.53 |
300 | 259.40 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹284.1, ₹288.05, & ₹290.6, whereas it has key support levels at ₹277.6, ₹275.05, & ₹271.1.
Overall, as per Mint technical analysis, The stock is displaying strong indications of a trend reversal following a downtrend.
From a fundamental analysis perspective, the company has a ROE of 1.16%
The median 1-year forecasted upside in this share is at 17.95% with a target price of ₹230.00.
The company has a 63.17% promoter holding, 8.96% MF holding, & 9.10% FII holding as per filings in the june quarter.
The MF holding has decreased from 9.55% in march to 8.96% in the june quarter.
The FII holding has increased from 8.76% in march to 9.10% in the june quarter.
Bharat Heavy Electricals share price up 0.25% today to trade at ₹280.3 while its peers are mixed. Its peers such as Suzlon Energy are falling today, but its peers Voltas, Thermax, Blue Star are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.05% & -0.04% each respectively.
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
MoreLess