Bharat Heavy Electricals Share Price Today on 30-10-2024: At 30 Oct 16:01 today, Bharat Heavy Electricals shares are trading at price ₹236.5, 0.66% up from the previous closing price. Sensex is trading at ₹79942.18, down by -0.53%. The stock has hit a high of ₹243.05 and a low of ₹230.6 during the day.
On the technical front, the stock is trading above the 5 days SMA & lower than the 10,20,50,100,300 day SMA. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 226.10 |
10 | 242.70 |
20 | 255.98 |
50 | 270.92 |
100 | 286.97 |
300 | 266.58 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹242.68, ₹249.07, & ₹255.03, whereas it has key support levels at ₹230.33, ₹224.37, & ₹217.98.
Till 4 PM today, the volume traded on NSE & BSE for Bharat Heavy Electricals was 94.08% 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 currently experiencing 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 350.75 & P/B is at 3.38.
The median 1-year forecasted upside in this share is at 3.17% with a target price of ₹229.00.
The company has a 0.00% promoter holding, 8.32% MF holding, & 9.48% FII holding as per filings in the september quarter.
The MF holding has decreased from 8.96% in june to 8.32% 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 has gained 0.66% today, currently at ₹236.5, while its peers such as
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