At 11:11 AM on Tuesday, Bharat Electronics Ltd. shares were trading at Rs 294.80, up 0.18%. The BSE Sensex, a major stock market index, fell by 254.79 points to 78,794.96. In the last session, the shares closed at Rs 294.25.
The shares have seen a high of Rs 340.35 and a low of Rs 171.70 in the past year. So far today, 252,017 shares have been traded, totaling Rs 7.44 crore in sales. Currently, the company’s shares are valued at 47.50 times its earnings of Rs 6.21 per share over the last year, and 9.02 times its book value. This means investors are optimistic about the company’s future growth.
The stock’s Beta value is 1.4399, indicating it is more volatile than the overall market. This means its price can change more dramatically than most shares.
Shareholding Information
As of September 30, 2024, the company’s promoters own 51.14% of the shares. Foreign Institutional Investors (FIIs) hold 17.27%, while Domestic Institutional Investors (DIIs) own 15.81%.
Technical Analysis
The stock’s Relative Strength Index (RSI) is 42.73. The RSI scores range from 0 to 100. A score above 70 suggests the stock might be overbought, while a score below 30 indicates it could be oversold. However, it’s important to look at other factors and not just the RSI when deciding to buy or sell a stock.
from Business & Economy – TheLLV News – Truth, Trends & Insights https://ift.tt/iVBGyZe
via IFTTT
Comments
Post a Comment
If you liked this post please leave a comment otherwise provide your honest feedback so that we can improve our news blog magazine for you. 💞Thank You🥰🫰🙏